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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

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[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:
\table[[Machine-hours,Molding,Fabrication,Total],[Fixed manufacturing overhead cost,20,000,33,000,53,000],[Variable manufacturing overhead cost per machine-hour,$700,000,$240,000,$940,0001. 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 Delphs cost of goods sold for the year? 2. Assume Delph chooses to combine its departmental rates from requirement 1 into 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 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200?d. What is Delphs cost of goods sold for the year?
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