Exercise 2-15 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 35,000 $ 770,000 $ 260,000 $1,030,000 60,000 Machine-hours Pixed Variable manufacturing overhead cost per machine-hour 25,000 $5.40 5.40 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: Direct materials cost 374,000 321,000 $695,000 Direct Machine-hours 18,000 7,00025,000 Job c-200: Direct materials cost $300,000 $ 200,000 $500,000 Direct labor cost Machine-hours Molding Fabrication Total $100,000 260,000 360,000 7,00028,000 35,000 Delph had no underapnliedor overannliod UTORIAL HOMEWORK I Quiz Delph had no underapplied or overapplied manufacturing overheed during the year. Exercise 2-15 Part 1 Required: 1. Assume a. Compute the b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. c. If Del establishes bid prices that are 140% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200? Deiph uses a plantwide predetermined overhead rate based on machine-hours. pr d. What is Delph's cost of goods sold for the year? Complete the q Required 1A Required 18 Required 1C Required 1D Assume Delph uses a p overhead rate. (Round your answer to 2 decimal places.) predetermined overhead rate based on machine-hours. Compute the plantwide predetermined per MH Required 18> Delph had no underapplied or overapplied manufacturing overhead during the year Exercise 2-15 Part 1 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 140% 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 IA Requirid 18 , Required 1C Required ID rhead rate based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places.) Total Manufacturing Cost Job D-70 Job C-200 Required 1C> PRE-TUTORIAL Che Delph had no underapplied or overapplied manufacturing overhead during the year art t or 2Exercise 2-15 Part 1 Required Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. a. Compute the b. Compute c If Delph establishes bid prices that are 140% of total manufacturing cost, wh Job C-2007 d. What is Delph's cost of goods sold for the year? the total manufacturing cost assigned to Job D-70 and Job C-200. at bid prices would it have established for Job D-70 and Complete the by your Required 1A Required 18 Required 1C Required 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. If Delph establishes bid prices that are 140% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-2007 (Round your intermediate calcufations to 2 decimal places.) Bid Job D-70 Job C-200 3 Delph had no underapplied or overapplied manufacturing overhead during the year or? Exercise 2-15 Part 1 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 assig c. hf Delph establishes bid prices that are Job C-200? ned to Job D-70 and Job C-200. 140% of total manufacturing cost, what bid prices would it have established for Job D-70 and d. What is Delph's cost of goods sold for the year? Complete the by entering your answers in the tabs given below. Required 1A Required 18 Required 1CRequired 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.) Required 1C K Prev 3 4 of 10Score