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informatio n Jhe following information applies to the questions displayed below] Delph Company uses a joborder costing System and has two manufacturing departmentsMolding and
informatio n Jhe following information applies to the questions displayed below] Delph Company uses a joborder costing System and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year: cost s ne,eee S 4.e 32,a S 24e,e S l. 53,e s 9e,ee During the year. the company had no beginning or ending inventories ard it stared. completed. and sold only twojobs Job D-70 and Job C-200. It provided the following information related to those two jobs: 20b Oireet Direct C2N Direct 'biding s 370,eee S 240," 14, we s 240,eee S 16e, S 32e,e S 160 ,e S 28e,ee s 6ge,ee S 44e,e 32 Delph had no underapplied overapplied manufacturing overhead during the year. Required: Assume Delph uses departmental predetermined overhead rates based on machine-hours. a. Compute the departmental predetermined twerhead rates. b. Compute the total manufacturing COSt assigned to Job 0.70 and Job c. Delph establishes bid prices that are 150% of total manufacturing cost. what bid prices would it have established for Job 0-70 and Job c-200? d. What is Delph's cost Of goods sold for the year?
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