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 Fabrication Pixed manufacturing overhead conta $ 780,000 $220,000 Variable manutacturing overhead cost per machine-hour $ Machine-hours 22,000 34,000 Total 56,000 $1,000,000 4.00 2.00 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-701 Direct materials cost Direct labor cont Machine-hours Molding Fabrication Total $ 370,000 $ 320,000 $ 690,000 $ 220,000 $ 140,000 $360,000 14,000 8,000 22,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total 5 240,000 $ 280,000 $ 520,000 $ 140,000 $ 300,000 $440,000 8,000 26,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Machine-hours 8,000 26,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph uses departmental predetermined overhead rates based on machine-hours. a. 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 d prices that are 150% of total manufacturing costs, 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? 38 Complete the question by entering your answers in the tabs given below. Required 2A Required 28 Required 2c Required 2D Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Pre determined overhead rates Molding Department Fabrication Department per MH per MH octoring Enabled: Chapter 3 Quiz Saved Help Save Machine-hours 8.000 26,000 34,000 12 Delph had no underapplied or overapplied manufacturing overhead during the year. art 2 of 2 2. Assume Delph uses departmental predetermined overhead rates based on machine-hours. a. Compute the departmental predetermined overhead rates. b. Compute the tot manufacturing cost assigned to Job D-70 and Job C-200. c. If Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-2007 d. What is Delph's cost of goods sold for the year? sints 8 002034 Complete the question by entering your answers in the tabs given below. Required 2A Required 28 Required 2C Required 2D Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Total manufacturing cost Job D-70 Job C-200 MC Graw Hill 12 Delph had no underapplied or overapplied manufacturing overhead during the year. 12 of 2 2. Assume Delph uses departmental predetermined overhead rates based on machine hours. a. 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 costs, what bid prices would it have established for Job D-70 and Job C-2007 d. What is Delph's cost of goods sold for the year? ats 00:26:30 Complete the question by entering your answers in the tabs given below. Required 2A Required 28 Required 2C Required 2D If Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-2007 (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Bid price Job D-70 Job C-200 12 COL Cont Direct labor cost Machine-hours $ 240.000 $ 280,000 $520,000 $ 140,000 $ 300.000 5 440,000 8,000 26,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 12 of 2 2. Assume Delph uses departmental predeterm d overhead rates based on machine-hours. a. 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 costs, what bid prices would it have established for Job D-70 and Job C-200? d. What is Delph.cost of goods sold for the year? 00:26:26 Complete the question by entering your answers in the tabs given below. Required 2A Required 28 Required 2C Required 2D What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Cont of goods sold
