Exercise 2-15 (Algo) Plantwide and Departmental Predetermined Overhead Rates; Job Costs [LO2-1, LO2- 2, LO2-3, LO2-4) [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 Tixed manufacturing overhead cost Variable manufacturing overhead coat per machine-hour Molding Fabrication Total 23,000 33,000 56,000 $720,000 $ 220,000 $940,000 3.00 $ 1.00 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 Direct materials coat Direct labor cost Machine-hours Molding Fabrication Total $370,000 $320,000 $690.000 $220,000 $140,000 $350,000 14.000 9.000 23,000 Job C-200 Direct materials coat Direct labor coot Machine-hours Holding Fabrication Total $300,000 $200,000 $500,000 5140,000 $200,000 $420,000 9.000 26.000 33.000 Delph had no underapplied or overapplied manufacturing overhead during the year Exam b2 newconnect.mheducation.com%252F Savod Help Exercise 2-15 (Algo) Part 1 Required: 1. Assume Delph uses departmental predetermined overhead rotes 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. 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-2002 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 IA Required 13 Required 10 Required 10 Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental predetermined overhead rates. (Round the no answers to 2 decimal places) Predetermined overhead rates Molding Department $ 34 30 per Fabrication Department $ 7.66 Der MH Required 18 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-2002 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 18 Required 1C Required ID Assume Delph uses departmental predetermined overhead rates based on machine hours. Compute the total manufacturing cost assigned to Job D-70 and Job -200. (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Total manufacturing COST Job D.TO Job C 200 end Exercise 2-15 (Algo) Part 1 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. It 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-2002 d. What Is Delph's cost of goods sold for the year? os Complete the question by entering your answers in the tabs given below. Required LA Required 13 Required licRequired 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. 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-2002 (Round your intermediate calculations to 2 decimal places found your final answers to nearest whole dollar amount.) Bid price Job D-70 Job C-200 Exercise 2-15 (Algo) Part 1 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 bld prices would it have established for Job D-70 and Job C-2002 d. What is Delph's cost of goods sold for the year? --52 Complete the question by entering your answers in the tabs given below. Required IA Required 18 Required 1C Required Assume Delph uses departmental predetermined overhead rates based on machine-hours. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final answer to nearest whole dollar amount. Cost of goods add