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		34,000		44,000		78,000
Fixed manufacturing overhead costs	$	760,000	$	230,000	$	990,000
Variable manufacturing overhead cost per machine-hour	$	6.10	$	6.10

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	$	375,000	$	327,000	$	702,000
Direct labor cost	$	220,000	$	170,000	$	390,000
Machine-hours		24,000		10,000		34,000

Job C-200:	Molding		Fabrication		Total
Direct materials cost	$	270,000	$	250,000	$	520,000
Direct labor cost	$	170,000	$	260,000	$	430,000
Machine-hours		10,000		34,000		44,000

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. If Delph establishes bid prices that are 120% 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?

1A

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

Assume Delph uses a plantwide predetermined overhead rate 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.)

	Total Manufacturing Cost
Job D-70
Job C-200

Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. If Delph establishes bid prices that are 120% 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.)

	Bid price
Job D-70
Job C-200

Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. What is Delphs cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.)

Cost of goods sold