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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
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 cost Variable manufacturing overhead cost per machine-hour Holding 21,000 $720,000 $4.00 Fabrication Total 33,000 54,000 $ 200,000 $ 2.00 $920,000 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 Job C-200 Direct materials cost Direct labor cost Machine-hours Holding $370,000 Fabrication $ 120,000 Total $690,000 $220,000 $ 120,000 $340,000 15,000 Molding 6,000 21,000 Fabrication $ 260,000 $ 280,000 $ 100,000 6,000 $ 300,000 27,000 Total $540,000 $ 400,000 33,000 Delph had no underapplied or overapplied manufacturing overhead during the year. < Prev 45 of 5 Next > Check my work
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