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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 Machine-hours Molding Fabrication Total 23,000 Fixed manufacturing overhead cost 32,800 55,000 $ 260,000 Variable manufacturing overhead cost per machine-hour $ 260,000 $1,020,000 $ 3.00 5.1.00 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 twojobs Job - Holding Fabrication Total Direct materials cost $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 120,000 $340,000 Machine-hours 15,000 8,000 23,000 Job C-200 Direct materials cost Direct labor cost Machine-hours Molding $ 300,000 $ 160,000 8,00 Fabrication $ 240,000 $ 260,000 24,000 Total $ 540,000 $ 420,00 32,00 Delph had no underapplied or overapplied manufacturing overhead during the year Required 1A Required 1B Required 10 Required 1D 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 $ 36,04 per MH Fabrication Department 5 9.13 per MH Required 18 > Required 1A Required 1B Required 1C Required 10 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 COS Job D-70 Job C-200 Required LA Required 1B Required 1C Required ID Assume Delph uses departmental predetermined overhead rates based on machine hours. If Delph established bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C 2007 (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 Required 1A Required 1B Required 1c Required 10 Assume Delph uses departmental predetermined overhead rates based on machine-hours. 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 famount Cost of goods sold

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