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part 2
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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 Fabrication Total Machine-hours 22,00 32,000 54,000 Fixed manufacturing overhead costs $ 300,000 $ 240,000 $1,040,000 Variable manufacturing overhead cost per machine-hour $ 1.00 5.00 $ 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 Da Molding Fabrication Total Direct materials cost $ 370,000 $ 320,000 $ 690,000 Direct Labor cost $ 220,000 $140,000 $360,000 Machine-hours 17,000 5,000 22.000 Job C-2003 Direct materials cost Direct Labor cost Machine-hours Molding Fabrication Tot $ 220,000 $250,000 $ 480,000 $ 140,000 $200,000 $400,000 27,000 32,000 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. 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-2002 d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Bagined 2A Required 20 Required 2c Required 20 Job 0-70: Direct materials cost Direct labor cost Machine-hours Holding Fabrication Total $ 370,000 $320,000 $ 690,000 $ 220,000 $ 140,000 $360,000 17,000 5,000 22,000 30b 200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 220,000 $ 260,000 $ 480,000 $ 140,000 $260,000 $400,000 5,000 27,000 32,000 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. cil 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-2007 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 28 Required 2C Required 20 Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Pre determined overhead rates Molding Department Fabrication Department per MH per MH Required 28 > Job D-70 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 370,000 $ 320,089 $ 690,000 $ 220,000 $ 149,999 $ 360,000 17,000 5,000 22,000 Job C-200: Direct materials cost Direct labor cost Machine hours Molding Fabrication Total $ 220,000 $ 268,000 $ 480,000 $ 140,000 $ 260,000 $400,000 5,000 27,000 32,000 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 150% of total manufacturing costs, what bid prices would it have established for Jo 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 28 Required 20 Required 2D Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Total manufacturing COS Job D.70 Job C 200 Job D-70: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 370,000 $320,000 $ 690,000 $ 220,000 $ 148,000 $360,000 17,00 5,000 22,000 Job - 2001 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 220,000 $ 260,000 $ 480,00 $ 140,000 $260,000 $400,000 5,000 27,080 32,000 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 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and 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 28 Requided 2c Required 20 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-2007 (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount Bid price Job D-10 Job C-200 During the year, the company had no beginning or ending inventories and it started, completed, and sold only two job 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 $ 699,000 $ 220,000 $ 140,00 $ 360,000 17,000 5,000 22,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 220,000 $ 260,000 $ 480,000 $ 140,000 $ 260,000 $400,000 5,000 27,000 32,000 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. Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for Job Job C-2002 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 What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Cost of goods sold
