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Required information [The foiiowr'ng information appiies to the questions displayed before} Delph Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication.
Required information [The foiiowr'ng information appiies to the questions displayed before} Delph Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year: Holding Fabrication Total Machinehours 25, 000 34, 000 59, 000 Fixed manufacturing overhead cost 5 140,000 $ 220,000 $ 960,000 Variable manufacturing overhead cost per machinehour $ 4.00 $ 2.00 During the year. the company had no beginning or ending inventories and it started, completed, and sold only two jobs Job 0-70 and Job (3-200. It provided the following information related to those twojobs: Job 0-70 Holding Fabrication Total Direct materials cost $ 3?0,000 $ 320,000 $ 600,000 Direct labor cost $ 220,000 $ 100,000 $ 380,000 Machinehours 15, 000 10, 000 25, 000 Job 0-200 Holding Fabrication Total Direct materials cost $ 200,000 $ 200,000 5 560,000 Direct labor cost $ 160,000 $ 230,000 $ 440,000 Machinehours 10,000 24, 000 34, 000 Delph had no underapplied or overapplied manufacturing overhead during the year. Req u ired: 1. 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-TO and Job (3-200. c, If Delph establishes bid prices that are 150% oftotal manufacturing cost, what bid prices would it have established for Job 0-70 and Job (3-200? d. What is Delph's cost of goods sold for the year? 6 Answer is oomplete but not entirely correct. Complete the question by entering your answers in the tabs given below. 1 Required 1.4 f Required 13 Required 1C Required 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental predetermined overhead rates. (Round the nal anewers to 2 decimal places.) Molding Department 55 32.60 6 per MH Fabrication Department 33 8.90 9 l per MH Required information {The following information applies to the questions displayed below] Delph Company uses ajob-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning ofthe year: Holding Fabrication Total Machinehours 25,999 34,999 59,099 Fixed manufacturing overhead cost $ 749,999 $ 229,999 $ 990,099 Variable manufacturing overhead cost per machinehour $ 4.99 $ 2.99 During the year, the company had no beginning or ending inventories and it started, completed. and sold only twojobs Job 0-70 and Job (2-299. It provided the following information related to those two jobs: Job 979 Holding Fabrication Total Direct materials cost $ 3?9,009 $ 329,999 $ 690,999 Direct labor cost 3 229,009 $ 169,999 $ 390,999 Machinehours 15,009 19,999 25,999 Job 9299 Holding Fabrication Total Direct materials cost $ 239,009 $ 289,999 $ 560,999 Direct labor cost S 169,009 $ 289,999 $ 440,999 Machinehours 19,009 24,999 34,999 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. 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-7O and .Job (2-200. c. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for .Job 0-70 and Job (2-200? d. What is Delph's cost of goods sold for the year? 9 Answer is complete but not entirely correct. Complete the question by entering your answers In the tabs given below. Requhed 1A 1 Raquned 18 I Requued 1C Requhcd 19 Assume Delph uses departmental predeten'nined overhead rates based on machine-hours. Compute the total manufacturing cost assigned to Job 0-79 and Job C-299. (Round your intermediate calculations to 2 decimal places. Round your final anSwers to nearest whole dollar amount.) Job D-YU Job CZUG Required information [The foiiowing information appiies to the questions displayed below.)T Delph Company uses ajob-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year: Holding Fabrication Total Machinehours 25, 000 34, 000 59, 000 Fixed manufacturing overhead cost 5 740,000 $ 220,000 $ 960,000 Variable manufacturing overhead cost per machinehour $ 4.00 $ 2.00 During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs Job 0-70 and Job (3-200. It provided the following information related to those twojobs: Job 0-70 Molding Fabrication Total Direct materials cost $ 3?0,000 $ 320,000 $ 000,000 Direct labor cost $ 220,000 $ 150,000 $ 380,000 Machinehours 15, 000 10, 000 25, 000 Job 0-200 Holding Fabrication Total Direct materials cost $ 200,000 $ 200,000 $ 560,000 Direct labor cost $ 160,000 $ 230,000 $ 440,000 Machinehours 10,000 24, 000 34, 000 Delph had no underapplied or overapplied manufacturing overhead during the year. Req u ired: 1. 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-TO and Job (3-200. c, If Delph establishes bid prices that are 150% oftotal manufacturing cost, what bid prices would it have established for Job 0-70 and Job (3-200? d. What is Delph's cost of goods sold for the year? 6 Answer is oomplete but not entirely correct. Complete the question by entering your answers in the tabs given below. Required 1A Required 13 Required 1C Required 10 Assume Delph uses departmental predetermined overhead rates based on machine-hours. If Delph establishes bid prices that are 150% of total manufacturing cost, what hid prices would it have established for Job 0-70 and Job C-200? (Round your intermediate calculations to 2 decimal places. Round your nal answers to nearest whole dollar amount.) Job D-T $ 2.435.450 a Job c-zoo $ 2.271.500 a Required information {The following information appir'es to the questions displayed bEJrOWZJ Delph Company uses ajob-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year: Molding Fabrication Total Machinehours 25, 000 34, 000 50, 000 Fixed manufacturing overhead cost $ 140,000 $ 220,000 $ 900,000 Variable manufacturing overhead cost per machinehour $ 4.00 $ 2.00 During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs Job 0-70 and Job (3-200. It provided the following information related to those twojobs: Job 0-?0 Molding Fabrication Total Direct materials cost $ 3?0,000 $ 320,000 $ 600,000 Direct labor cost $ 220,000 $ 160,000 $ 380,000 Machinehours 15, 000 10, 000 25, 000 Job 0-200 Molding Fabrication Total Direct materials cost $ 200,000 0 200,000 $ 560,000 Direct labor cost $ 160,000 $ 230,000 $ 440,000 Machine-hours 10,000 24, 000 34, 000 Delph had no underapplied or overapplied manufacturing overhead during the year. Req u ired: 1. 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 0-H) and Job (3-200. c. If Delph establishes bid prices that are 150% oftotal manufacturing cost, what bid prices would it have established for Job 0-70 and Job (2-200? d. What is Delph's cost of goods sold for the year? 6 Answer is oomplete but not entirely correct. Complete the question by entering your answers in the tabs given below. Required in Required 10 Required 1C Required 1D Aswme Delph USES departmental predetermined Overhead rates based on machine-hours. What is Delphi's cost Elf 90005 Sld for the year? (Round your intermediate calculations to 2 decimal plaCEs. Round your nal answer to nearest whole dollar amount.)
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