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:

MoldingFabricationTotalMachine-hours20,00030,00050,000Fixed manufacturing overhead costs$770,000$250,000$1,020,000Variable manufacturing overhead cost per machine-hour$5.80$5.80

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:MoldingFabricationTotalDirect materials cost$377,000$326,000$703,000Direct labor cost$200,000$160,000$360,000Machine-hours15,0005,00020,000

Job C-200:MoldingFabricationTotalDirect materials cost$230,000$300,000$530,000Direct labor cost$120,000$230,000$350,000Machine-hours5,00025,00030,000

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

2. Assume Delph uses departmental predetermined overhead rates based on machine-hours.

a. Compute thedepartmentalpredetermined 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 130% 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?

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

• Required 2A
• Required 2B
• Required 2C
• Required 2D

2A.Compute the departmental predetermined overhead rates.(Round the final answers to 2 decimal places.)

Pre determined overhead rates

(A)Molding Departmentper _________ MH

(B)Fabrication Departmentper___________ MH

2BCompute 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

(A)Job D-70________

(B)Job C-200_______

2CA.delph tablishes bid prices that are130% of total manufacturing costs, what bid prices

ould 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

(A)Job D-70_____

(B)JobC-200______

2DA.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.)