Homework Saved Required information The following information applies to the questions displayed below Company uses a job-order costing system and has two company provided the following estimates at the beginning of the year of 2 manufacturing departments-Molding and Fabrication. The Molding FabricationTotal 30,600 $730,080 260,000 $998,ee0 Machine-hours 40,800 78,000 Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine- hour $ 5.20 5.2e During the year, the company had no begnning 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 Prim Job D-78: Direct materials %371,000 $ 320,000 $691,000 cost ing Fabrication Total Direct labor cost $210,00e 160,000 $370,000 Machine hours 21,000 9,80038,888 Job C-200:Molding Fabrication Total Direct materials cost $290,900 250,e0e $540,800 Direct labor cost $150,e00 s 3ee, ooo sas0,e00 31,900 48,80 Machine-hours 9,000 Delph had no underapplied or overapplied manufacturing overhead during the year 2. Assume Delph uses departmental predetermined overhead r a Compute the departmental predetermined overhead raters b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200 c. If Delph establishes bid prices that are 120% of total manufacturing costs, wiat bid prices would " have established for Job 0,0 and Job C-200? rates based on machine-hours d. What is Delph's cost of goods sold for the year? 290,800 $ 258,000 $540,e00 cost Direct labor cost $150,eo0 s 30e,ooe $450,e00 Machine-hours 9,000 31,800 40,0e0 Delph had no underapplied or overapplied manufacturing overhead during the year 2. Assume Delph uses department 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 prices th Job C-200? d. What is Delph's cost of goods sold for the year? al predetermined overhead rates based on machine-hours. at are 120% of total manufacturing costs, what bid prices would it have established for Job D-70 and Complete the question by entering your answers in the tabs given below Required 2A Required 28 Required 2C Required 20 Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Molding Department per MH Fabrication Department per MH C Required 2A Required 2B > 5 of Delph had no underapplied or overapplied manufacturing overhead during the year 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 prices that are 120% of total manufacturing costs, what bid prices would it have established for JobD-70 and Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below Required 2A Required 2B Required 2C Required 2D If Delph establishes bid prices that are 120% of total manufacturing costs, what bid prices ould it ha e established for ob D-70 and Job C-200? (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Job D-70 Job C-200 Required 2D> Required 2C 5 of 5 Next