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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

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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 32,800 55,000 Fixed manufacturing overhead cost $ 800,000 $ 220,000 $ 1,020,000 Variable manufacturing overhead cost per machine-hour $ 4.00 $ 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-70 Molding Fabrication Total Direct materials cost $ 370,000 $ 320,000 $ 690,800 Direct labor cost $ 220,000 $ 120,000 $ 340,000 Machine-hours 16,000 7,000 23,000 Job C-200 Molding Fabrication Total Direct materials cost $ 220,000 $ 280,000 $ 500,000 Direct labor cost $ 120,000 $ 280,000 $ 400,000 Machine-hours 7,000 25,000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 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. 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 Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 1A Required 15 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 per MH Fabrication Department per MH 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 32,000 55,000 Fixed manufacturing averhead cost $ 800,000 $ 220,000 $ 1,020,000 Variable manufacturing overhead cost per machine-hour $ 4.00 $ 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-70 Molding Fabrication Total Direct materials cost $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 120,000 $ 340,000 Machine-hours 16,000 7.000 23,000 Job G-200 Direct materials cost Direct labor cost Machine-hours Molding $ 220,000 $ 120,000 7,000 Fabrication $ 280,000 $ 280,000 25,000 Total $ 500,000 $ 400,000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year Required: 1. Assume Delph uses departmental predetermined overhead rates based on machine hours Compute the departmental predetermined overhead rates b Compute the total manufacturing cost assigned to Job D. 70 and Job C 200 cDelphestablishes 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 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 cost Job D70 Job C 200 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 32,000 55,000 Fixed manufacturing overhead cost $ 800,000 $ 220,000 $ 1,020,000 Variable manufacturing overhead cost per machine-hour $ 4.00 $ 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 Bob D-70 Molding Fabrication Total Direct materials cast $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 120,000 $ 340,000 Machine hours 16,000 7,000 23,000 Job C-200 Direct materials cost Direct labor cost Machine-hours Molding $ 220,000 $ 120,000 7,000 Fabrication $ 280,000 $ 280,000 25,000 Total $500,000 $.400,000 32,000 Delph had no underapplied or overapplied manufacturing overhead dunng the year 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 ossigned 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 0.70 an Job 2007 What is Delph's cost of goods sold for the year? and Complete the question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C Required 10 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 2002 (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 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 32,000 55,800 Fixed manufacturing overhead cost $ 800,000 $ 220,000 $1,020,000 Variable manufacturing overhead cost per machine-hour $ 4.00 $ 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-70 Direct materials cost Direct labor cost Machine-hours Holding $ 370,000 $ 220,000 16,000 Fabrication $ 320,000 $ 120,000 7,000 Total $ 690,000 $ 340,000 23,000 Job C-200 Direct materials cost Direct labor cost Machine-hours Molding $ 220,000 $ 120,000 Fabrication $ 280,000 $ 280,000 25,000 Total $ 500,000 $ 400,000 32,000 7,000 Delph had no underapplied or overopplied manufacturing overhead during the year 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 CM Delph establishes bid prices that are 150% of total monufacturing cost, what bid prices would it have established for Job D 70 and Job C 2002 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 IA Required 18 Required IC 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 amount.) Cost of goods sold

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