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Required informao n [The following information applies to the questions displayed .beioiiv.,ir Delph Company uses a joborder costing system and has two manufacturing departmentsMolding and
Required informao n [The following information applies to the questions displayed .beioiiv.,ir Delph Company uses a joborder costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates atthe beginning of the yeah Holding Fabrication Total Machinehours 24,666 35,660 59,600 Fixed manufacturing overhead costs $ "id-6,666 $ 226,666 5 966,660 Variable manufacturing overhead cost per machinehour $ 4.66 $ 1.60 During the year, the company had no beginning or ending inventories and it started, completed, and sold only twojobs Job D7O and Job CZOO. ft provided the following information related to those two jobs: Job D76: Holding Fabrication Total Direct materials cost $ 376,666 $ 326,606 $ 596,660 Direct labor cost $ 226,666 $ 166,606 $ 386,660 Machinehours 15,666 9,606 24,600 I Job (266: Holding Fabrication Total Direct materials cost $ 260,666 $ 226,600 $ 486,660 Direct labor cost $ 120,666 $ 266,660 $ 386,660 Machinehours 9,066 26,660 35,660 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses a plantwide predetermined overhead rate based on machinehours. a. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost assigned to Job DTO and Job CZOO. c. If Delph establishes bid prices that are 150% oftotal manufacturing cost, what bid prices would it have established for Job DTO and Job (2200? d. What is Delph's cost of goods sold for the year?I Complete the question by entering your answers in the tabs given below. WE || || | 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. 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-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. Req 1A Req 1B Req 1C Req 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per MH Complete the question by entering your answers in line tabs given below. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the total manufacturing cost assigned to Job Di'D and Job (2-200. (Round your intermediate calculations tn 2 decimal places.) Complete the question by entering your answers in the tabs given below. Req 1A Req 1B Req 1C Req 1D 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-200? (Round your intermediate calculations to 2 decimal places.) Bid price Job D-70 Job C-200 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. 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-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. Req 1A Req 1B Req 1C Req 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.) Cost of goods sold
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