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Required information [ The following information applies to the questions displayed below. ] Delph Company uses a job - order costing system and has two
Required information
The following information applies to the questions displayed below.
Delph Company uses a joborder costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year:
tableMachinehours,Molding,Fabrication,TotalFixed manufacturing overhead cost,Variable manufacturing overhead cost per machinehour,$$$ Assume Delph uses departmental predetermined overhead rates based on machinehours.a Compute the departmental predetermined overhead rates.b Compute the total manufacturing cost assigned to Job D and Job Cc If Delph establishes bid prices that are of total manufacturing cost, what bid prices would it have established for Job D and Job Cd What is Delphs cost of goods sold for the year? Assume Delph chooses to combine its departmental rates from requirement into a plantwide predetermined overhead rate based on machinehours.a Compute the plantwide predetermined overhead rate.b Compute the total manufacturing cost assigned to Job D and Job Cc If Delph establishes bid prices that are of total manufacturing costs, what bid prices would it have established for Job D and Job Cd What is Delphs cost of goods sold for the year?
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