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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. Machine-hours Pixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding Fabrication Total 20,000 30,000 50,000 $ 700,000 $ 210,000 $ 910,000 $ 3.00 $ 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 two jobs: Job D-70: Direct materials cost Direct labor cost Machine-hours Molding Fabrication total $ 375,000 $325,000 $ 700,000 $ 200,000 $160,000 $360,000 14,000 6,000 20,000 Job C-2001 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 300,000 $ 250,000 $ 550,000 $ 175,000 $225,000 $400,000 6,000 24,000 30,000 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. 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

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