Required information [The following information applies to the questions displayed below) Deiph 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 Fabrication Total Machine-hours 23,000 32,800 55,000 Fixed manufacturing overhead costs $ 760,000 $240,000 $1,000,000 Variable manufacturing overhead cost per machine-hour $ 3.00 $ 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 $ 240,000 $ 160,000 $400,000 Machine-hours 14,000 9,000 23,880 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 220,000 $ 240,000 $ 460,000 $ 120,000 $280,000 $ 400,000 9,000 23,800 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required information [The following information applies to the questions displayed below) Deiph 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 Fabrication Total Machine-hours 23,000 32,800 55,000 Fixed manufacturing overhead costs $ 760,000 $240,000 $1,000,000 Variable manufacturing overhead cost per machine-hour $ 3.00 $ 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 $ 240,000 $ 160,000 $400,000 Machine-hours 14,000 9,000 23,880 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 220,000 $ 240,000 $ 460,000 $ 120,000 $280,000 $ 400,000 9,000 23,800 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year