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: Machine-hours Fixed manufacturing overhead coat Variable manufacturing overhead cont per machine-hour Molding Fabrication Total 24,000 31,000 55,000 $760,000 $ 220,000 $980,000 $ 3.00 5 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 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $370,000 $ 320,000 $690,000 $220,000 $ 160,000 $380,000 15,000 9,000 24,000 Job C-200 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $240,000 $ 260,000 $500,000 $140,000 $ 280,000 $420,000 9,000 22,000 31,000 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-2007 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 18 Required 1C Required 1D Assume Delph uses departmental predetermined overhead rates 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. Round your final Required 1A Required 1B Required 10 Required 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places. Rc answers to nearest whole dollar amount.) Total manufacturing cost Job D-70 Job C-200 nip Save & Exit Sul U LUOTRAUTHE CUNUNU-TURUL Check my wc Required information a. what is veipns cost or goous soiu tor the year Complete the question by entering your answers in the tabs given below. Required 1A Required 18 Required 10 Required 10 Assume Delph uses departmental predetermined overhead rates based on machine-hours. 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-2007 (Round your Intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Bid price Job D-70 Job C-200 U LOMU IIT TOUR LUNI ALITUTU ODUURL Required information a. what is veipns Cost or yoous Solutor the year Complete the question by entering your answers in the tabs given below. Required 1A Required 18 Required 10 Requirdd 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final answer to nearest whole dollar amount.) Cost of goods sold
