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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 manufacturing departments-Molding and

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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 manufacturing departments-Molding and Fabrication. The company provided the following estimates at the beginning of the year Molding Machine-hours Fabrication Total 23, een Fixed manufacturing overhead cost 35,000 58,000 $ 720,000 $ 260,000 $ 980,000 Variable manufacturing overhead cost per machine-hour $ 5.00 $1.00 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 Job D-70 Molding Fabrication Total Direct materials cost $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 140,000 $ 360,000 Machine-hours 15,000 8,000 23,000 Job C-200 Direct materials cost Direct labor cost Machine-hours Molding $ 280,000 $ 120,000 8,000 Fabrication $ 220, een $ 280, een 27,080 Total $ 500,000 $ 400, eee 35,000 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-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

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