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I've been struggling for 3 hours please help with a-d Required Information Exercise 2-15 (Algo) Plantwide and Departmental Predetermined Overhead Rates: Job Costs [LO 2-1,
I've been struggling for 3 hours please help with a-d
Required Information Exercise 2-15 (Algo) Plantwide and Departmental Predetermined Overhead Rates: Job Costs [LO 2-1, LO2- 2. LO2-3. L02-4) [The following information applies to the questions displayed below.) Delph Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year: Molding Fabrication Machine-hours 23,000 33,ese 56,00 Fixed manufacturing overhead cost $382.ee $ 260,00 $1,060, Bee Variable manufacturing overhead cost per machine-hour Total 3.ee $ 1.ee During the year, the company hed no beginning or ending inventories and it started, completed, and sold only twojobs- 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 $ 370,028 $ 320,000 $690.000 $ 220,ege $ 160,ege $380,ege 13,220 1e,ese 23.00e Job C-200 Direct materials cost Direct labor cost Machine-hours Molding Fabrication total $ 240,ege $ 280,00 $520,00 $ 180,00 $ 280,000 $380,000 10.00 23,000 33.000 Delph had no underapplied or overspplied manufacturing overhead during the year. Exercise 2-15 (Algo) Part 1 Required: 1. Assume Delph uses departmental predetermined overhesdretes based on machine-hours. . 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 menufacturing cost, whet 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? Complete the question by entering your answers in the tabs given below. Required 1A Required 1B Required 10 Required 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Predetermined overhead rates Molding Department Fabrication Department per MH per MH (Required 1A Required 1B >Step by Step Solution
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