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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 Fabrication.
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 Variable manufacturing overhead cost per machine hour Molding 22, 2 $ 80,00 $ 5.70 Fabrication 32, 2 $ 220, 0 $ 5.70 Total 54,00 $1,220, Bee 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-7e: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 372,eee $ 321,00 $ 693, $ 230, 0 $ 140,00 $ 370, ese 17.ee S. eee 22, een Job C 200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 210,Bee $ 230, eee $ 440, eee $ 170,000 $ 240, eee $ 412, eee 5, eee 27,00 32,00 Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph uses departmental predetermined overhead rates based on machine-hours. 6. 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 120% 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? Answer is not complete. Complete the question by entering your answers in the tabs given below. Required 2A Required 2B Required 2C Required 20 Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) determined Overhead Valding Department Fabrication Department S42.08 $12.58TH Required 2B > 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 Variable manufacturing overhead cost per machine hour Molding 22,00 $ see,eee 5.78 Fabrication 32,eee $ 220,000 $ 5.70 Total 54, eee $1,220, 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 -78: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 372, eee $ 321, ese $ 693,ese $ 230,00 $ 140,00 $ 370, eee 17,2 5 ,Bee 22, Bee Job C-282: Direct materials cost Direct labor cost Machine hours Molding Fabrication Total $ 210,eee $ 230,eee $ 440,eee $ 170,00 $ 240,00 $ 410, 5,280 27, 32, Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph uses departmental predetermined overhead rates based on machine-hours. o. 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 120% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-2002 d. What is Delph's cost of goods sold for the year? Answer is not complete. Complete the question by entering your answers in the tabs given below. Required 2A Required 23 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 coat 777,920 549,960 Job D-70 Job C 200 S $ Required Information The foilowing information applies to the questions displayed below. NI 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 Variable manufacturing overhead cost per machine-hour Molding 22,0 $ see, eae $ 5.ze Fabrication 32, $ 220, eee $ 5.70 total 54.ee $1,aze, eee 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 0.7e: Direct materials cost Direct labor cast Machine-hours Molding Fabrication Total $ 372, eae $ 321,00 $ 693, $ 230,00 $ 148,eee $378,eee 17,285, 22, Job 20: Direct materials cost Direct labor cost Maching hours $ $ Molding Fabrication Total 210,00 $ 230, eee $ 440, eee 170. $ 249,800 $ 412,800 5.ee 27.000 32.000 Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph uses departmental predetermined overhead rates based on machine-hours. 8. 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 120% 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? Answer is not complete. Complete the question by entering your answers in the tabs given below. Required 2A Required 28 Required 2cRequired 2D IT Delph establishes bid prices that are 120% 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 D70 Job C 200 (Required 2B Required 2D > of 2 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 Variable manufacturing overhead cost per machine-hour Molding 22,eee $ see,eee 5.70 Fabrication 32, Bee $ 220,0 $ 5.70 total 5 4, eae $1,220, eee 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: Direct materials cost Direct labor cost Molding Fabrication Total $ 372,eee $ 321, eee $ 693, eee $ 230,00 $ 140,00 $ 370,00 17. Bee 5. 0 22. Job C 280: Direct materials cost Direct labor cost Machine hours Molding Fabrication Total $ 210, eae $ 230,$ 440, $ 170,eee $ 249,00 $ 419,00 5. eee 27.000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph uses departmental predetermined overhead rates based on machine-hours. 6. Compute the departmental predetermined overhead rotes b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. c. If Delph establishes bid prices that are 120% 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? Answer is not complete. Complete the question by entering your answers in the tabs given below. Required 2A Required 23 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 answer to nearest whole dollar amount.) Cast of goods sold (Required 2C
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