Check my work 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 company provided the following estimates at the beginning of the year Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding Fabrication Total 23,800 32,00 55,000 $760,000 $260,000 $1,020,000 $ 4.00 $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 2070 Direct materials cost Direct labor cost Machine-hour's Molding Fabrication Total $ 370,000 $ 320,000 $ 690,000 $ 220,000 $ 140,000 $360, eee 14,000 9,000 23,000 Job C-2001 Direct materials cost Direct labor cost Machine-hours Mowing Fabrication Total $ 220,000 $ 240,000 $ 460,00 $ 140,000 $ 240,000 5 380,000 9,082 23.000 32,000 Deiph had no underapplied or overapplied manufacturing overhead during the year 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? Complete the question by entering your answers in the tabs given below. Required 2A Required 28 Required 2C Required 20 Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Molding Department Fabrication Department Pre determined overhead rates por MH per MH Required 233 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? Complete the question by entering your answers in the tabs given below. Required 2A Required 20 Required 2C Required 20 Il 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 (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest wholt dollar amount.) Bd price Job D-70 Job C-200 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 D70 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? Complete the question by entering your answers in the tabs given below. Required A Required 28 Required 2c Required 20 What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Coul of goods solo
