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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 Molding Fabrication 27,000 $780,000 $200,000 $980, 000 Total Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine- hour 64,000 37,000 $ 5.80 5.80 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: Molding Fabrication Total Job D-70: Direct materials 323,000 $695 , e00 $372,000 cost $210,000 180,000 $390,000 27,000 Direct labor cost Machine-hours 18,000 9,000 Molding Fabrication Total Job C-200: Direct materials $270,000 $230,000 $500,e00 cost $120,000 290,000 $410,e00 28,000 Direct labor cost Machine-hours 37,000 9,000 underapplied or overapplied manufacturing overhead during the year. Delph had no 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 130% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C Required 1D 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 Required 1B >

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