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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

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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 50,000 machine-hours would be required for the period's estimated level of production. It also estimated $910,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.80 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: Machine-hours Fixed manufacturing overhead cost Molding 20,000 $ 700,000 $ 3.00 Fabrication 30,000 $ 210,000 $ 1.00 Total 50,000 $ 910,000 Variable manufacturing overhead cost per machine-hour 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 Direct labor cost Machine-hours $ 200,000 14,000 Job C-200 Direct materials cost Direct labor cost Machine-hours Molding $ 300,000 $ 175,000 6,000 $ 160,000 6,000 Fabrication $ 250,000 $ 225,000 24,000 $ 360,000 20,000 Total $ 550,000 $ 400,000 30,000 S Prev 5 of 5 Next Required: 2. Assume Delph uses departmental predetermined overhead rates based on machine-hours. a. Compute the departmental predetermined overhead rates. 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-200? d. What is Delph's cost of goods sold for the year? Complete this question by entering your answers in the tabs below. Required 2A Required 2B Required 2C Required 2D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental predetermined overhead rates. Molding Department Predetermined Overhead Rates per MH S < Prev 5 of 5 Next > Required 2A Required 2B Required 2C Required 2D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the total m cost assigned to Job D-70 and Job C-200. Job D-70 Job C-200 Total Manufacturing Cost Required 2A Required 2C > Required 2A Required 2B Required 20 Required 2D Job D-70 Job C-200 Assume Delph uses departmental predetermined overhead rates based on machine-hours. If Delph esta are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C Bid Price E ces Complete this question by entering your answers in the tabs below. Required 2A Required 2B Required 2C Required 2D Assume Delph uses departmental predetermined overhead rates based on machine-hours. What is for the year? Cost of goods sold

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