Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

f'i-b. Compute the total manufacturing costs assigned to Job Iii-] and Job (3-200. [Round your intermediate calculations to 2 decimal places.) Job [iiH] $ 1,532,143

image text in transcribed

image text in transcribedimage text in transcribedimage text in transcribed
\f'i-b. Compute the total manufacturing costs assigned to Job Iii-] and Job (3-200. [Round your intermediate calculations to 2 decimal places.) Job [iiH] $ 1,532,143 Job {3200 36 1 3146.052 'i-c. If Delph establishes bid prices that are 150% oi total manufacturing costs, what bid price 1would it have established for Job [ii-1'1] and Job C-ZUEI? [Round your intermediate calculations to 2 decimal places.) Job [iiH] $ 2.523.223 Job (3200 336 2,1EE,i]?T 'i-d. What is Delph's cost of goods sold for the year\"? [Round your intermediate calculations to 2 decimal places.) $ 3.343.200 Assume Delph uses departmental overhead rates based on machine-hours. 2-a. Compute the predetermined departmental overhead rates. (Round your answer to 2 decimal places.) Predetermined overhead rates Molding Department $ 34.18 per MH Fabrication Department $ 13.88 per MH 2-b. Compute the total manufacturing costs assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places.) Total manufacturing COS Job D-70 $ 1,455,007 Job C-200 $ 1,521,993 2-c. If Delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for Job D-70 and Job C-200? (Round your intermediate calculations to 2 decimal places.) Bid price Job D-70 2,182,510 Job C-200 $ 2,282,990 2-d. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.) Cost of goods sold $ 3,348,200

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: James Jiambalvo

7th Edition

1119577721, 978-1119577720

More Books

Students also viewed these Accounting questions