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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 Molding FabricationTotal 20,000 30,000 50,000 210,000 Fixed manufacturing overhead costs $ 700,000 S S910,000 Variable manufacturing overhead per machine-hour3.00 S3.00 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: Molding Fabrication Total Direct materials cost 375,000 $325,000 $ 700,000 $ 200,000 $ 160,000 $360,000 6,000 20,000 Direct labor cost 14,000 Job C-200 Molding Fabrication Total Direct materials cost $ 300,000 $ 250,000 $550,000 $ 175,000 $225,000 $400,000 6,000 24,000 30,000 Direct labor cost Delph had no overapplied or underapplied manufacturing overhead during the year. value: Required informat 10.00 points Assume Delph uses a plantwide overhead rate based on machine-hours. Required: 1-a. Compute the predetermined plantwide overhead rate. (Round your answer to 2 decimal places.) per MH 1-b. Compute the total manufacturing costs assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places.) Job D-70 Job C-200
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