Answered step by step
Verified Expert Solution
Question
1 Approved Answer
6 Required information [The following information applies to the questions displayed below.) Delph Company uses a job-order costing system and has two manufacturing departments-Molding and
6 Required information [The following information applies to the questions displayed below.) Delph Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication. The Part 2 of 2 company provided the following estimates at the beginning of the year: 2.5 points Total 64,000 Molding Fabrication 37,000 Machine-hours Pixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour 27,000 Skipped $ 770,000 300,000 $1,070,000 $5.60 5.60 eBook 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: Molding Fabrication Total Job D-70: Direct materials cost Direct labor cost Machine-hours 704,000 210,000 130,000 340,000 27,000 380,000 324,000 19,000 8,000 Job c-200: Direct materials cost 230,000 Direct labor cost Machine-hours Molding Fabrication Total 220,000 450,000 100,000 290,000 390,000 37,000 8,000 29,000 Delph had no underapplied or overapplied manufacturing overhead during the year
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started