20 Part 2 of 2 0.48 points Book Print Required information The following information applies to the questions displayed below.) Delph Company uses a job order costing system with a plantwide predetermined overhead rate based on machine hours. At the beginning of the year, the company estimated that 59,000 machine hours would be required for the period's estimated level of production. It also estimated $980,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per machine hour. Because Delph has two manufacturing departments-Molding and Fabrication is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine hours. The company gathered the following Information to enable calculating departmental overhead rates: Melding Tabrication Total Mochise-hours 25,000 34.000 59,000 Tixed manufacturing overhead coat 5 720,000 $ 260,000 $ 900,000 Variable zanatseturing rehead cont per manchise-hour 51.50 During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs Job D 70 and Job C 200. It provided the following information related to those two jobs: Jan 10 Holding Tabrication Total Direct materiala cout 5 370,0DD $ 320,000 5690,000 Direct Labor coat $ 220,000 $ 140,000 $360,000 Machine-hours 14,000 11.000 25,000 Job C-200 Holding Fabrication Total Direct materials coat $ 260,000 $ 260,000 $ 520,000 Direct Labor coat 5 100.000 $ 260,000 5 360,000 Machine-hours 13,000 23,000 34.DDD rences Delph had no underapplied or overapplied manufacturing overhead during the year Required: 2. Assume Delph uses departmental predetermined overhead rates based on machine hours.. a. Compute the departmental predetermined overhead rates. b. Compute the total manufacturing cost assigned to Job D 70 and Job C 200. c If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D70 and Job C 2007 d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 2A Required 20 Required 2c Required 2D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Predetermined Overhead Rates Molding Department per MH Fabrication Department per M Required 2A Required 28 > 20 Part 2 of 2 0.48 points Required information The following information applies to the questions displayed below.) Delph Company uses a job order costing system with a plantwide predetermined overhead rate based on machine hours. At the beginning of the year, the company estimated that 59,000 machine hours would be required for the period's estimated level of production. It also estimated $980,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per machine hour. Because Delph has two manufacturing departments-Molding and Fabrication is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine hours. The company gathered the following Information to enable calculating departmental overhead rates: Nolding Tabrication Total Machine-hours 25,000 34.000 59,000 Tixed manufactaring overhead coat $ 720,000 $ 260,000 5 980,000 Variable manafacturing rehead coat per machine-hour Book Print References During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs Job D 70 and Job C 200. It provided the following information related to those two jobs: Maldin 5 370,000 $ 220,000 14.0DD Tabrication $ 320,000 $ 140,000 11,000 Total 5690, DDD 5 360,000 25, DDD Job Da Direct materials coat Direct Labor cost Machine-hours Jab C-200 Direct materiala cout Direct Labor coat Machine-hours Molding 5 200.000 $ 100,000 13,000 Treation $ 260,000 $ 260,000 23.000 Total 5 520,00D 5 360,0DD 34, DDD Delph had no underapplied or overapplied manufacturing overhead during the year Required: 2. Assume Delph uses departmental predetermined overhead rates based on machine hours.. a. Compute the departmental predetermined overhead rates. b. Compute the total manufacturing cost assigned to Job D 70 and Job C 200. c. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C 2002 d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 2A Required 20 Required 2c Required 2D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Total Manufacturing Job D-70 Job C-200 Cost 20 Part 2 of 2 0.48 points book Required information The following information applies to the questions displayed below.) Delph Company uses a job order costing system with a plantwide predetermined overhead rate based on machine hours. At the beginning of the year the company estimated that 59,000 machine hours would be required for the period's estimated level of production. It also estimated $980,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per machine hout. Because Delph has two manufacturing departments-Molding and Fabrication is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine hours. The company gathered the following information to enable calculating departmental overhead rates: Molding Tabrication Detal Machine-hours 25,000 59,000 Tixed manufacturing overhead out 5 720,000 $ 260,000 $900,000 Variable saatacturing crerhand cost per schise-hour During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs Job D 70 and Job C 200. It provided the following information related to those two jos: Job D-70 Moldin Tabrication Tata Direct materiala cout 5 370,000 $ 320,000 $ 690,000 Direct Labor cont $ 220,000 $ 140,000 5 360,000 Machine-hours 14,0DD 11.000 25, DDD Job C-200 Holding Tabrication Total Direct materials coat $ 200.000 $ 260,000 5 520,000 Direct Labos sont $ 100,000 $ 260,000 5 360,000 Machine-hours 11,000 23,000 34,00 34.000 Delph had no underapplied or overapplied manufacturing overhead during the yeat Required: 2. Assume Delph uses departmental predetermined overhead rates based on machine hours.. a. Compute the departmental predetermined overhead rates. b. Compute the total manufacturing cost assigned to Job D 70 and Job C 200. c. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D.70 and Job C 2007 d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 2A Required 29 Required 2cRequired 2D Assume Delph uses departmental predetermined overhead rates based on machine-hours. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-2002 (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Bid price Job D-70 Job C-200