{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T21:10:14-04:00", "answer_date": "2024-05-27 21:10:14", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1801473", "url": "\/study-help\/questions\/required-information-the-following-information-applies-to-the-questions-displayed-1801473", "question_creation_date_js": "2024-05-27T21:10:14-04:00", "question_creation_date": "May 27, 2024 09:10 PM", "meta_title": "[Solved] Required information [The following infor | SolutionInn", "meta_description": "Answer of - Required information [The following information applies to the questions displayed below.) Delph Company uses a job-or | SolutionInn", "meta_keywords": "required,information,applies,questions,displayed,below,delph,company,job-order,costing,system,two", "question_title_h1": " 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", "question_title": " Required information [The following information applies to the questions displayed below.)", "question_title_for_js_snippet": "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 24,000 $800,000 $5 00 Fabrication Total 34,000 $240,000 $1 50 58,000 $1,040,000 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 cont Molding $370,000 Direct labor cost Machine hours Job C 200 Direct materials cost Direct labor cost Machine hours Fabrication $320,000 Total $690,000 $220,000 $160,000 $380,000 17,000 7,000 24,000 Molding $260,000 100,000 7,000 27,000 Fabrication 220,000 $ 280,000 Total 480,000 $380,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year Required 1 Assume Delph uses departmental predetermined overhead rates based on machine hours b 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", "question_description": "\"image\"image\"image\"image\"image", "transcribed_text": "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 24,000 $800,000 $5.00 Fabrication Total 34,000 $240,000 $1.50 58,000 $1,040,000 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 cont Molding $370,000 Direct labor cost Machine-hours Job C-200 Direct materials cost Direct labor cost Machine-hours Fabrication $320,000 Total $690,000 $220,000 $160,000 $380,000 17,000 7,000 24,000 Molding $260,000 100,000 7,000 27,000 Fabrication 220,000 $ 280,000 Total 480,000 $380,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses departmental predetermined overhead rates based on machine-hours. b. 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", "related_book": { "title": "Core Concepts Of Accounting Information Systems", "isbn": "9780470507025, 0470507020", "edition": "11th Edition", "authors": "Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/102.jpg", "uri": "\/textbooks\/core-concepts-of-accounting-information-systems-11th-edition-9780470507025", "see_more_uri": "" }, "free_related_book": { "isbn": "113899233X", "uri": "\/textbooks\/identity-and-the-modern-organization-1st-edition-978-1138992337-173505", "name": "Identity And The Modern Organization", "edition": "1st Edition" }, "question_posted": "2024-05-27 21:10:14", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-categories-of-conflict-occurred-in-this-project-at-what", "description": "What categories of conflict occurred in this project? 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