Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

hello im a little stuck on gettinh the total manufacturing cost, it says its wrong for job D-70 21,000 MH x 22.81 Predetermind OH =

hello im a little stuck on gettinh the total manufacturing cost, it says its wrong
for job D-70
21,000 MH x 22.81 Predetermind OH = 479,010 then my next step is to add 690,000 DM + 380,000 DL + 479,010 = 1,549,010
for job D-200
34,000 MH x 22.81 = 775,540
then adding 775,540 + 540,000 + 360,000 = 1,675,540
now for the bid price
if the total manufacturing cost is right, would i multiply 1.50 x total manufacturing cost to get big price?
how do i find the cost of goodd sold?
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 150% of total manufacturing costs, 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? Q Answer is not complete. Complete this question by entering your answers in the tabs given below. Assume Delph uses plantwide predetermined overhead rates based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. Note: Round your intermediate calculations to 2 decimal places. Round your final answers to the nearest whole dollar amount. Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses plantwide predetermined overhead rates based on machine-hours. a. Compute the piantwide 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 150% of total manufacturing costs, 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? Answer is not complete. Complete this question by entering your answers in the tabs given below. Assume Delph uses plantwide predetermined overhead rates based on machine-hours. What is Deiph's cost of goods sold for the year? Note: Round your intermediate calculations to 2 decimal places. Round your final answer to the nearest whole dollar amount. Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 150% of total manufacturing costs, 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? Answer is not complete. Complete this question by entering your answers in the tabs given below. Assume Delph uses plantwide predetermined overhead rates based on machine-hours. Compute the plantwide predetermined overhead rate. Note: Round your answer to 2 decimal places. Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 150% of total manufacturing costs, 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? ) Answer is not complete. Complete this question by entering your answers in the tabs given below. Assume Delph uses plantwide predetermined overhead rates based on machine-hours. If Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200? Note: Round your intermediate calculations to 2 decimal places. Round your final answers to the nearest whole dollar amount. Delph Company uses job-order costing with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company esticnated that 55,000 machine-hours would be required for the period's estimated level of production, it also estimated $980,000 of fixed manufocturing overhead cost for the coming period and variable manufocturing overhead of $5.00 per machine-hour. Because Delph has two manufocturing departments - Molding and Fabrication - it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following information to enable calculating departmental overhead rates: During the year, the company had no beginning or ending inwentories and istarted, completed, and sold only two jobsJob D.70 and Job C-200. It provided the following information related to those two jobs: Delph had no underapplied or overapplied manufacturing overhead during the yeaf. Required: 1. Assume Deiph uses plantwide predetermined overhead rates 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 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and intir.sonos

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

Security And Audit Field Manual

Authors: Alex Meyer, Mark Polino

1st Edition

B0B72Q3V4M, 979-8841258483

More Books

Students also viewed these Accounting questions