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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 the beginning of

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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 the beginning of the year Molding Fabrication Total Machine-hours 23,000 Fixed manufacturing overhead costs 32,000 55,000 $ 740,000 $ 200,000 $940,000 Variable manufacturing overhead cost per machine-hour $ 5.00 $ 1.50 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 D-701 Molding Fabrication Total Direct materials cost $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 160,000 $380,000 Machine-hours 14.000 9,000 23,000 Job C-2001 Direct materials cont Direct labor cost Machine-hours Molding Yabrication Total $ 240,000$ 260,000 $500,000 $ 160,000 $ 260,000 $420,000 9,000 23,000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year Required: 1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. a. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. c. Il 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-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 1A Required 1B Required 1C Required 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per MH (Required 1A Required 1B > Required 1A Required 1B Required 1C Required 1D Assume Delph uses a plantwide predetermined overhead rate based on machine- assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 Total Manufacturing Cost Job D-70 Job C-200

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