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Delph Company uses a job - order costing system and has two manufacturing departments - Molding and Fabrication. The company provided the following estimates at
Delph Company uses a joborder costing system and has two manufacturing departmentsMolding and Fabrication. The
company provided the following estimates at the beginning of the year:
During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs
Job D and Job C It provided the following information related to those two jobs:
Delph had no underapplied or overapplied manufacturing overhead during the year.
Assume Delph uses departmental predetermined overhead rates based on machinehours.
a Compute the departmental predetermined overhead rates.
b Compute the total manufacturing cost assigned to Job D and Job C
c If Delph establishes bid prices that are of total manufacturing cost, what bid prices would it have established for Job D and
Job C
d What is Delph's cost of goods sold for the year?
Assume Delph chooses to combine its departmental rates from requirement into a plantwide predetermined overhead rate based
on machinehours.
a Compute the plantwide predetermined overhead rate.
b Compute the total manufacturing cost assigned to Job D and Job C
c If Delph establishes bid prices that are of total manufacturing costs, what bid prices would it have established for Job D and
Job C
d What is Delph's cost of goods sold for the year?
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