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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 Machine-hours Fixed manufacturing overbead costs Variable manufacturing overhead cost per machine-hour Molding 22,000 $ 800,000 $ 5.00 Fabrication 32,000 $ 240,00 5 1.00 Total 54,000 51,040,000 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-73: Direct materials cost Direct labor cost Machine hours Molding Fabrication Total $ 370,000 $ 320,000 $ 690,000 $ 220,98 $ 140,000 $360,000 17.000 5,000 22,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Holding Fabrication Total $ 220,800 $ 260,000 $ 480,000 $ 140,000 5 260,000 $400,000 5,000 27,000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year Required: 1 Assume Delph uses 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. f Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200? di What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required Required 18 Required 10 Required 1D Assume Delph uses a plantwide predetermined overhead rate based on machine hours. Compute the plantwide predetermined overhead rate Round your answer to decimal places) Predominad overhead rate per MH 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 5,800 27,000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses 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 ci Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D- Job C-2007 d. What is Delph's cost of goods sold for the year? es Complete the question by entering your answers in the tabs given below. Required 1A Required 18 Required 10 Required 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours, Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places.) Total Manufacturing Cost Job D-70 Job C 200 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. Required: 1. Assume Delph uses 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. ci Delph establishes bid prices that are 150% of total manufacturing cost, 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 1A Required 18 Required 10 Required 10 Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-2007 (Round your intermediate calculations to 2 decimal places.) Bid price Job D-70 Job C 200
