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: Holding Fabrication Total achine-hour 27.000 IT. DOD COD Fixed and acturing awshead coat $240,000 $ 290,000 $1,000,000 Variable wroturing werhead cost per machine-bow 6.10 $ 6.D 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 twojobs Job D-20 Holding Fabrication Total Direct materials cost $ 371. DOD $ 32.000 $ 700.000 Direct labor cart $220.000 140.000 $90,000 Hochbe-lours 21.000 6. DOD 27.000 Job C-200 Direct materiale cost Direct laber cast Machines Holding Fabrication Total $ 240.000 $ 210.000 $ 510.000 $70,000 $270,000 $440,000 31.000 37.000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses 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. cIf Delah establishes bid prices that are 130% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-2002 d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 1A Required 1e Required 1cRequired 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per (Required 1 Required 18 > Required 1A Required 18 Required 1C Required 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places.) Total Manufacturing Cost Job D-70 Job C-200 Required 1A Required 1B Required IC Required ID Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. If Delph establishes bid prices that are 130% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-2002 (Round your intermediate calculations to 2 decimal places.) Bid price Job D-70 Job C-200 Required 1A Required 1B Required 1C Required 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.) Cost of goods sold
