Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 8 Part 2 of 2 Required information Exercise 2-15 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 and has two manufacturing departments-Molding and Fabrication. The company provided the following estimates at the beginning of the year: 1.25 points Machine-hour Fixed manufacturing overhead coata Variable manufacturing overhead cost per machine-hour Molding Fabrication 23,000 33,000 $ 700,000 $ 240,000 $ 5.00 $ 1.50 Total 56,000 $ 940,000 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-701 Direct materials cost Direct labor cost Machine-hours Molding Fabrication total $ 370,000 $ 320,000 $ 690,000 $ 220,000 $ 140,000 $360,000 14,000 9,000 23,000 Jab C-200: Direct materiale cost Direct labor cost Machine-hours Molding Fabrication Total $ 260,000 $ 300,000 $ 560,000 $ 160,000 $ 260,000 $ 420,000 9,000 24,000 33,000 Mc Return question 8 Exercise 2-15 Part 2 Part 2 of 2 1.25 points 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 costs, what bid prices would it have established for Job D-70 and Job C-200? d. What is Delph's cost of goods sold for the year? & Answer complete but not entirely correct. Complete the question by entering your answers in the tabs given below. Reg 2A Req 2 Req 2c Reg 20 Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Pre determined overhead rates per Molding Department Fabrication Department $35,43 MH $ 8.77 MH per Return to question 8 Exercise 2-15 Part 2 Part 2 of 2 1.25 points 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 costs, 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? Answer is complete but not entirely correct. Complete the question by entering your answers in the tabs given below. Reg 2A Reg 2B Reg 2c Reg 2D 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 cost $ 1,585,571 Job D-70 Job C-200 $ 1,748,429 Return question 8 Exercise 2-15 Part 2 Part 2 of 2 1.25 points 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 costs, what bid prices would it have established for Job D-70 and Job C-200? d. What is Delph's cost of goods sold for the year? & Answer complete but not entirely correct. Complete the question by entering your answers in the tabs given below. Reg 2A Reg 28 Reg 2C Reg 2D if Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200? (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.)....... Bid price 2,378,357 Job D-70 Job C-200 2,622,643 Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return question 8 Exercise 2-15 Part 2 Part 2 of 2 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 costs, 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? 1.25 points X Answer complete but not entirely correct. Complete the question by entering your answers in the tabs given below. Reg 2A Reg 2E Req 2c Reg 2D What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final answer to nearest whole dollar amount.) Cost of goods sold 3,334,000
