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Please help! Required information [The following information applies to the questions displayed below.] Delph Company uses a job-order costing system and has two manufacturing departments-Molding
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Required information [The following information applies to the questions displayed below.] 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: During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobsJob 0.70 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 Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph chooses to combine its departmental rates into 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. cif Deiph establishes bid prices that are 150% of total manufacturing costs, what 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 this question by entering your answers in the tabs below. Assume Delph chooses to combine its departmentat rates into a plantwide predetermined overhead rate based on machinehours. What is Delph's cost of goods sold for the year Step by Step Solution
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