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 20,000 $ 800,000 $ 3.00 Fabrication Total 32,000 52,000 $ 240,000 $1,040,000 $ 2.00 Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per nachine-hour 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-703 Direct materials cost Direct labor cost Machine-hours Holding Fabrication Total $ 370,000 $ 320,000 $ 690,000 $ 220,000 $140,000 $360,000 15,000 5,800 20,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 220,000 $ 280,000 $500,000 $ 140,000 $260,000 $400,000 5,000 27,000 32,600 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. c. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established 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. 1 Reg 1A Reg 1B Reg 10 Req 10 nes Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the plantwide predetermi overhead rate. (Round your answer to 2 decimal places.) Produlemand overhold rato 22.38 por MH # Reg 10 > 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. c. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would 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. Reg 10 Red ID Req 1A Reg 1B Assume Delph uses a plantwide predetermined overhead rate based on machine hours, Compute the t assigned to Job D 70 and Job C-200. Round your intermediate calculations to decimal places.) Total manufacturing cost Job D-70 Job C-200 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. 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? Complete the question by entering your answers in the tabs given below. Reg 1A Reg 1B Req 1C Req 1D Assume Delph uses a plantwide predetermined overhead rate 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.) Bid price Job D-70 Job C 200 2 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. c. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 an Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Reg 1A Reg 1B Reg 10 Req ID 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 old Req 1C
