4-part question with 7 answers needed.

Delph Company uses a job-order costing system and has two manufacturing departments?Molding and Fabrication. The company provided the following estimates at the beginning of the year: (see image for company information details)

Delph had no underapplied or overapplied manufacturing overhead during the year.

Assume Delph uses departmental predetermined overhead rates based on machine-hours.

1.Compute thedepartmentalpredetermined overhead rates.

1a. Predetermined ovehead rates of molding department: ______ per MH

1b. Predetermined ovehead rates of fabrication department: ______ per MH

2. Compute the total manufacturing cost assigned to Job D-70 and Job C-200.

2a. Total manufacturing cost assigned to Job D-70: ______

2b. Total manufacturing cost assigned to Job C-200: ______

3. If Delph establishes bid prices that are 120% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200?

3a. Bid price for job D-70: _______

3b. Bid price for job C-200: _______

4. What is Delph's cost of goods sold for the year? _______

Be sure to explain your answers. I'm just not understanding this and really need help.

Delph Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year: Holding Fabrication Total Machine-hours 32,000 42,000 T4,,000 Fixed manufacturing overhead costs $ T50,-00 S 2T0,000 $1,020,000 Variable manufacturing overhead cost per machine- hour $ 5 . 90 $ 5 . 90 ' During the year. the company had no beginning or ending inventories and it started. completed. and sold only two jobsJob 0-?0 and Job (3-200. It provided the following information related to those two jobs: Job D-T: Holding Fabrication Total Direct materials cost $ 3Tl,000 $ 329,000 $ T00,000 Direct labor cost $ 210,000 5'- 1?0,000 $ 330,000 Machine-hours 24,000 0,000 32,000 ' J'ob (1-200: Holding Fabrication Total Direct materials cost $ 250,000 $ 230,000 $ 1130.000 Direct labor cost $ 130,000 $ 2T0,000 $400,000 Machine-hours 3,000 34,000 42,000 ' Delph had no underapplied or overapplied manufacturing overhead during the year