Required information Exercise 2-15 Plantwide and Departmental Predetermined Overhead Rates; Job Costs [LO2- 1, LO2-2, LO2-3, LO2-4) 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: Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding Fabrication 21,000 31,000 $ 730,000 $ 300,000 $ 5.20 $ 5.20 Total 52,000 $1,030,000 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-70: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 380,000 $328,000 $ 708,000 $ 250,000 $ 160,000 $410,000 16,000 5,000 21,000 Job C-2001 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 250,000 $260,000 $ 510,000 $ 170,000 $ 240,000 $410,000 5,000 26,000 31,000 Delph had no underapplied or overapplied manufacturing overhead during the year, Complete the question by entering your answers in the tab Required 1A Required 1B Required 1C Required 1D Assume Delph uses a plantwide predetermined overhead rate base overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate $ 19.81 por 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 130% 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? > Answer is not complete. Complete the question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C 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 HE. Next > Required 1A Required 1B Required 1cRequir Assume Delph uses a plantwide predetermined ov are 130% of total manufacturing cost, what bid pr intermediate calculations to 2 decimal places.) Bid price Job D-70 Job C-200 Assume Delph uses a plantwide predetermined overreau the year? (Round your intermediate calculations to 2 decimal places.) Cost of goods sold
