Exercise 3-17 Plantwide and Departmental Overhead Rates, Job Costs [LO3-1, LO3-2, LO3-3] [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 Molding Fabrication Total 72,000 Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead per machine-hour$5.90 31,000 41,000 $ 740,000 s 300,000 $ 1,040,0 $5.90 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 cost 376,000 329,000 $705,000 Direct labor cost Machine-hours Molding Fabrication Total 230,000 $170,000 $400,000 22,000 9,000 31,000 Job C-200: Direct materials cost 280,000 270,000 $550,000 Direct labor cost Machine-hours Molding Fabrication Total 140,000 $270,000 $ 410,000 9,000 32,000 41,000 Delph had no overapplied or underapplied manufacturing overhead during the year. References