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Need help with finding out the total manufacturing cost for Job C-200 and Bid price for Job C-200.. the manufacturing cost and Bid price for
Need help with finding out the total manufacturing cost for Job C-200 and Bid price for Job C-200.. the manufacturing cost and Bid price for Job D-70 that I have filled in are correct as the software confirmed them and the total cost of goods sold is $3,100,160 so in the end it needs to equal that.
Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the total cost assigned to Job D-70 and Job C-200. Note: Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole doll Delph Company uses job-order costing with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 58,000 machine-hours would be required for the period's estimated level of production. It also estimated $1,000,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per machine-hour. Because Delph has two manufacturing 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 inventories and it started, 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 year. Assume Delph uses departmental predetermined overhead rates based on machine-hours. are 150% of total manufacturing cost, what bid prices would it have established for Job D7 Note: Round your intermediate calculations to 2 decimal places. Round your final answers to Assume Delph uses departmental predetermined overhead rates based on machine-hours. What is Delph's cost of goods sold for the year? Note: Round your intermediate calculations to 2 decimal places. Round your final answer to nearest whole dollar amount Step by Step Solution
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