Exercise 2-15 (Algo) Plantwide and Departmental Predetermined Overhead Rates; Job Costs [LO2-1, LO2-2, LO2-3, LO2-41 [The following information applies to the questions displayed below] 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 cost Variable manufacturing overhead cost per machine-hour Job D-70 Direct materials cost Direct labor cost Machine-hours Job C-200 Direct materials cost Direct labor cost Machine-hours 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 $ 370,000 $ 240,000 14,000 Exercise 2-15 (Algo) Part 1 Molding $ 240,000 $ 160,000 11,000 Fabrication $ 320,000 $ 160,000 11,000 Molding Fabrication $ 280,000 $ 260,000 21,000 25,000 $ 780,000 $ 4.00 Total $ 690,000 $ 400,000 25,000 Total $ 520,000 $ 420,000 32,000 Delph had no un derapplied or overapplied manufacturing overhead during the year Fabrication 32,000 $ 240,000 $ 1.00 Total 57,000 $ 1,020,000 Required: 1. 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?

Exercise 2-15 (Algo) Plantwide and Departmental Predetermined Overhead Rates; Job Costs [LO2-1, LO2-2, LO2-3, LO2-4] [The following infomation applies to the questions displayed below] 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: During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobsJob D70 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 Exercise 2-15 (Algo) Part 1 Required: i Assume Delph uses departmental predetermined overhead rates based on machine-hours a. Compute the departmental piedetermined overhead tates b. Compule the total monufacturing cost ossigned 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 foe Job Q-70 and 30C200% d. What is Deiph's cost of goods sold for the yea