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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 Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine hour Molding Fabrication 22,000 32,000 $760,000 $220,000 5.00 $ 2.00 Total 54,000 $980,000 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: Holding Fabrication Total Direct materials cost $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 240,000 $ 160,000 $400,000 Machine-hours 15,000 7,600 22,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Holding Fabrication Total $ 260,000 $ 220,000 $ 480,000 $ 120,000 $280,000 $400,000 7,000 25,000 32,600 Delph had no underapplied or overapplied manufacturing overhead during the year 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 150% of total manufacturing 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. Reg 1A Reg 1B Reg 1C Req 10 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.) Prudermined overhoud rate I per MH Reg 10 >

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