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Delph Company uses a job - order costing system with a plantwide predetermined overhead rate based on machine - hours. At the beginning of the
Delph Company uses a joborder costing system with a plantwide predetermined overhead rate based on machinehours. At the beginning of the year, the company estimated that machinehours would be required for the period's estimated level of production. It also estimated $ of fixed manufacturing overhead cost for the coming period and varlable manufacturing overhead of $ per machinehour. Because Delph has two manufacturing departmentsMolding and FabricationIt is considering replacing Its plantwide overhead rate with departmental rates that would also be based on machinehours. The company gathered the following Information to enable calculating departmental overhead rates: During the year, the company had no beginning or ending Inventorles 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. quired: 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? Complete the question by entering your answers in the tabs given below. ssume Delph uses departmental predetermined overhead rates based on machinehours. Compute the total manufacturing ost assigned to Job D and Job C ote: Round your intermediate calculations to decimal places. Round your final answers to nearest whole dollar amount.
Delph Company uses a joborder costing system with a plantwide predetermined overhead rate based on machinehours.
At the beginning of the year, the company estimated that machinehours would be required for the period's
estimated level of production. It also estimated $ of fixed manufacturing overhead cost for the coming period
and varlable manufacturing overhead of $ per machinehour.
Because Delph has two manufacturing departmentsMolding and FabricationIt is considering replacing Its plantwide
overhead rate with departmental rates that would also be based on machinehours. The company gathered the following
Information to enable calculating departmental overhead rates:
During the year, the company had no beginning or ending Inventorles 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.
quired:
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?
Complete the question by entering your answers in the tabs given below.
ssume Delph uses departmental predetermined overhead rates based on machinehours. Compute the total manufacturing
ost assigned to Job D and Job C
ote: Round your intermediate calculations to decimal places. Round your final answers to nearest whole dollar amount.
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