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I answered 2A= 19.21 WRONG 2B= 1,511,040; $1,573,140. WRONG 2C= 2,266,560; 2,359,710. WRONG 2D= 3,084,180. WRONG 2A, 2B, 2C, AND 2D NEEDED. Required information [The
I answered
2A= 19.21 WRONG
2B= 1,511,040; $1,573,140. WRONG
2C= 2,266,560; 2,359,710. WRONG
2D= 3,084,180. WRONG
2A, 2B, 2C, AND 2D NEEDED.
Required information [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. Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding Yabrication 24,000 34,000 $ 740,000 $ 220,000 $ 5.00 $ 1.00 Total 58,000 $ 960,000 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 Direct labor cost Machine-hours Molding Fabrication Total $ 370,000 $ 320,000 $ 690,000 $ 240,000 $ 120,000 $360,000 13,000 11,000 24,000 Job C-200 Direct materials cont Direct labor cont Machine-hours Molding Fabrication Total $280,000 $ 220,000 $500,000 $ 120,000 $ 300,000 $420,000 11,000 23,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph chooses to combine its departmental rates from requirement 1 into a plantwide predetermined overhead rate 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 complete but not entirely correct. Complete the question by entering your answers in the tabs given below. Required 2A Required 2B Required 2C Required 2D Assume Delph chooses to combine its departmental rates from requirement 1 into a plantwide predetermined overhead rate based on machine-hours. Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhe ate $ 19.2 x per Required 2A Required 2B >Step by Step Solution
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