Delph Company uses job-order costing with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 51,000 machine-hours would be required for the period's estimated level of production. It also estimated $1,000,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per machine-hour. Because Delph has two manufacturing departments-Molding and Fabrication-it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following information to enable calculating departmental overhead rates: During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobsJob D-70 and Job C-200. It provided the following information related to those two jobs: Delph had no underapplied or overapplied manufacturing overhead during the year Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 costs, 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 this question by entering your answers in the tabs given below. Assume Delph uses plantwide predetermined overhead rates based on machine hours. Compute the plantwide predetermined overhead rate. Note: Round your answer to 2 decimal places. Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 costs, 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 this question by entering your answers in the tabs given below. Assume Delph uses plantwide predetermined overhead rates based on machine-hours, Compute the total manufacturing cost assigned to Job D-70 and Job C-200 Note: Round your intermediate calculations to 2 decimal places. Round your finaf answers to the nearest whole dollar amount. Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 costs, what bid prices would it have estabished for Job D-70 and Job C.200? d. What is Delph's cost of goods sold for the year? Complete this question by entering your answers in the tabs given below. Assume Delph uses plantwide predetermined overhead rates based on machine-hours, If Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for 30bD70 and Job C-200? Note: Round your intermediate calcalations to 2 decimal places. Round your final answers to the nearest whole dollar amount. Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 costs, what bid prices would it have established for Jot and Job C-200? d. What is Delph's cost of goods sold for the year? Complete this question by entering your answers in the tabs given below. Assume Delph uses plantwide predetermined overhead rates based on machine-hours. What is Delph's cost of goods sold for the year? Note: Round your intermediate calculations to 2 decimal places. Round your final answer to the nearest whole dollar amount
