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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 costs Molding 20,000 Fabrication 32,000 $760,000 $220,000 Total 52,000 $980,000 Variable manufacturing overhead cost per machine-hour $ 5.00 $ 1.50 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 $ 240,000 $160,000 $400,000 7,000 13,000 20,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $260,000 $240,000 $500,000 $ 180,000 $240,000 $420,000 7,000 25,000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year. < Prev 5 of 6 Next > dtv THA
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