Delph Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year:

	Molding		Fabrication			Total
Machine-hours		22,000		32,000		54,000
Fixed manufacturing overhead cost	$	740,000	$	240,000	$	980,000
Variable manufacturing overhead cost per machine-hour	$	4.00	$	1.00

During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobsJob D-70 and Job C-200. It provided the following information related to those two jobs:

Job D-70	Molding		Fabrication		Total
Direct materials cost	$	370,000	$	320,000	$	690,000
Direct labor cost	$	220,000	$	160,000	$	380,000
Machine-hours		16,000		6,000		22,000

Job C-200	Molding		Fabrication		Total
Direct materials cost	$	200,000	$	240,000	$	440,000
Direct labor cost	$	120,000	$	300,000	$	420,000
Machine-hours		6,000		26,000		32,000

Delph had no underapplied or overapplied manufacturing overhead during the year.

rev: 07_21_2020_QC_CS-217627, 09_03_2020_QC_CS-225692

Required: 1. 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 cost, what bid prices would it have established for Job D-70 and Job C-200?

d. What is Delphs cost of goods sold for the year?

Complete the question by entering your answers in the tabs given below.

• Required 1A
• Required 1B
• Required 1C
• Required 1D

1A) Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.)

	Predetermined overhead rates
Molding Department		per MH
Fabrication Department		per MH

1B) Assume Delph uses departmental predetermined overhead rates based on machine-hours. 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
Job D-70
Job C-200

1C) Assume Delph uses departmental predetermined overhead rates based on machine-hours. If Delph establishes bid prices that are 150% of total manufacturing cost, 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
Job D-70
Job C-200

1D) Assume Delph uses departmental predetermined overhead rates based on machine-hours. What is Delphs 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