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 Molding Fabrication Total Machine-hours 23,000 35,000 58,000 Fixed manufacturing overhead costs $ 780,000 $200,000 $980,000 Variable manufacturing overhead cost per nachine-hour 4.00 $ 1.50 two jobs- During the year, the company had no beginning or ending inventories and it started, completed, and sold Job D-70 and Job C 200. It provided the following information related to those two jobs: Job 0.70 Molding Fabrication total Direct materials cost $ 370,000 $ 320,000 S 690,000 Direct labor cost $ 220,000 $150,000 $380,000 Machine-hours 16,000 7,000 23,000 Job C-2003 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 240,000 5 280,000 $520,000 $ 100,000 $220,000 $ 320,000 7,800 28,800 35,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 240,000 $280,000 5520,000 $ 100,000 $ 220,000 $320,000 7.000 28,000 35,000 Delph had no underapplied or overapplied manufacturing overhead during the year Exercise 2-15 Part 2 2. Assume Delph uses departmental predetermined overhead rates based on machine-hours. a. Compute the departmental predetermined overhead ratos b. Compute the total manufacturing cost assigned to Job D-70 and Job C 200 ci Delph ostablishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for Job D.70 and Job C 2002 a. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Reg 2A Reg 28 Reg 20 Reg 2D Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Pre determined overhead rates Molding Department Fabrication Department per VH per MH Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 240,000 $280,000 $520,000 $ 100,000 $ 220, 000 $ 320,000 7,000 28,000 35,000 Delph had no underapplied or overapplied manufacturing overhead during the year, Exercise 2-15 Part 2 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 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. Reg 2A Reg 2B Req 2c Req 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 cost Job D-70 Job C-200 Delph had no underapplied or overapplied manufacturing overhead during the year Exercise 2-15 Part 2 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. It 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. Reg 2A Reg 28 Reg 20 Reg 2D 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-70 Job C-200 Delph had no underapplied or overapplied manufacturing overhead during the year Exercise 2-15 Part 2 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 ond 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 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. Reg 2A Req 28 Reg 2C Reg 2D What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final answer to nearest whole dollar amount.) Cost of goods sold