Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Maps Rose Gold Marble Save & Exit Help Sut: 2 - Homework Saved Check my wo Delph Company uses a job-order costing system and has

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

Maps Rose Gold Marble Save & Exit Help Sut: 2 - Homework Saved Check my wo 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: Molding 27,000 $ 790,000 $ 5.20 Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Fabrication 37,000 $ 280,000 $ 5.20 Total 64,000 $1,070,000 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: Des Job D-70: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 375,000 $ 327,000 $ 702,000 $ 220,000 $ 180,000 $ 400,000 19,000 8,000 27,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 260,000 $ 210,000 $ 470,000 $ 170,000 $ 270,000 $ 440,000 8,000 29,000 37,000 Delph had no underapplied or overapplied manufacturing overhead during the year

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_2

Step: 3

blur-text-image_3

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

Modern Internal Auditing Appraising Operations And Controls

Authors: Victor Z. Brink, Herbert N. Witt

4th Edition

0471080977, 978-0471080978

More Books

Students also viewed these Accounting questions

Question

For what is HTTP used?What are itsmajor parts?

Answered: 1 week ago

Question

7. Define cultural space.

Answered: 1 week ago

Question

8. Describe how cultural spaces are formed.

Answered: 1 week ago