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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
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 Tixed manufacturing overhead coats Variable facturing overhead coat Holding Fabrication 23,000 33.000 $ 750.000 250.000 35.9 .90 56.000 1.000.000 machinehar 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 1-10 Dirt materials coat Direct la coat Machine-hours Holding Tabrication total 379.000 320.000 $707.000 210.000 100.000 350.000 16.000 7.000 25.000 Job C-2001 Direct materiale cost Direct Labor cost Machines Holding fabrication 350,000 220,000 150.000 200.000 7.000 26.000 total 670,000 40.000 33,000 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 the department 2. Assume Delph uses departmental predetermined overhead rates based on machine hours Comoute the departmental predetermined overhead rates a. Compute the total manufacturing cost assigned to 3000-70 and Job C. 200. chDelph establishes bid prices that are 120% of total manufacturing conte, what alsances would have contenedor 70 and 200 a. What is Delphy cost of goods sold for the year
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