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Required information [ The following information applies to the questions displayed below. ] Delph Company uses job - order costing with a plantwide predetermined overhead

Required information
[The following information applies to the questions displayed below.]
Delph Company uses job-order costing with a plantwide predetermined overhead rate based on machine-hours. At the
beginning of the year, the company estimated that 52,000 machine-hours would be required for the period's estimated
level of production. It also estimated $980,000 of fixed manufacturing overhead cost for the coming period and variable
manufacturing overhead of $3.00 per machine-hour.
Because Delp has two manufacturing departments-Molding and Fabrication-it is considering replacing its plantwide
overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following
information to enable calculating departmental overhead rates:
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:
Delph had no underapplied or overapplied manufacturing overhead during the year.
Required:
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 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 this question by entering your answers in the tabs given below.
Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental
predetermined overhead rates.
Note: Round the final answers to 2 decimal places.
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