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Check my work Required information Exercise 2-15 (Algo) Plantwide and Departmental Predetermined Overhead Rates; Job Costs [LO2-1, LO2. 2. LO2-3, LO2.4) 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 54,000 machine hours would be required for the period's estimated level of production, I also estimated $1.020,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per machine hour Because Delph has two manufacturing departments-Molding and Fabrication-It 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 Fabrication Machine-hours Totat Fixed Manufacturing overhead cost 20,000 34,000 54,000 5 740.000 Variable manufacturing overhead cost per nachine-hour 5 280,000 $1,020,000 $ 3.00 $ 2.00 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 Job D-70 Molding Fabrication Total Direct materials cost $ 370,000 $ 320,000 $ 690,000 Direct Labor cost $ 220,000 $ 120,000 $ 340,000 Machine-hours 14,000 6,000 20,000 Job C-200 Molding Fabrication Total Direct materials cost $ 260,000 $ 280,000 $ 540,000 Direct labor cost $ 189,800 $ 260,000 $ 440,000 Machine-hours 6,000 20,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year Exercise 2-15 (Algo) Part 2 10 points 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 cIf 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? Book Print Complete the question by entering your answers in the tabs given below. References Required 2A Required 28 Required 2C Required 20 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 Fabrication Department per MH per MH Sad 2 Required 28 >