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Exercise 3-17 (Algo) Plantwide and Departmental Predetermined Overhead Rates; Job Costs [LO3-1, LO32, LO3-3, LO3-4] [The following information applies to the questions dkployed below.] Delphi

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Exercise 3-17 (Algo) Plantwide and Departmental Predetermined Overhead Rates; Job Costs [LO3-1, LO32, LO3-3, LO3-4] [The following information applies to the questions dkployed below.] Delphi Comparny uses a job-order costing system with a plantwide predetormined owerhead rate based an machine-hours At the beginning of the year, the company estimsted that 60000 machine-hours would be reguired for the period's estimated level of production. It also estimsted $1,040,000 of fived manufacluring overinead cost for the coming period and variable manufacturing overheod of $5.00 per machine-hour. Because Doiph has two marwifacturing departments-Moking and Fabrication-it is considering replacing its piantwide overtheod rate with depertmental rates that would abo be bosed on machine-hours. The compary gathered the foliowing information to enobse caiculating departmental owerheod rates: During the year, the company had no beginning or ending inwentories and it started, completed, and sold only two jobs Job D.70 and Job C-200. It provided the following informstien related to those two jobs: Delph had no underspplied or overapplied manufacturing overhesd during the year: Delph had no underapplied or overapplied manufacturing overhead during the year: Exercise 3-17 (Algo) Part 2 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 peices that are 150% of total manufacturing coss, what bid prices would it have estabilshed for Job o-70 and Job C.200? d. What is Delph's cost of goods soid for the year? Complete the question by antering your answers in the tabs given below. Assump Delph uses departmental predetermined overhnad rates bated en machine-hours. Compote the departmental predet irmined overtiead rates. Note: Pound the final answers to 2 decimal places

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