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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 departmentsMolding 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 departmentsMolding and Fabrication. TH company provided the following estimates at the beginning of the year Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding Fabrication Total 20,000 33,000 53,000 $780,000 $240,000 $1,020,000 S $ 1.89 4.00 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-79 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $370,888 $ 320,000 $690,080 $220, eee $ 149,999 $368,888 16,099 4,000 28,888 Job C 280 Direct materials cost Direct labor cost Mochine-hours Molding Fabrication Total $280,000 5 248,880 $528,888 $140,000 $240,000 $388,888 4,000 29,800 33,989 Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph chooses to combine its departmental rates from requirement into a plantwide predetermined overhead rate based on machine-hours a. Compute the plantwide predetermined overhead rate b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200 C. If Delph establishes bid prices thdt Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. ces Required 2A Required 2B Required 20 Required 2D Assume Delph chooses to combine Required 2C tes from requirement 1 into a plantwide based on machine-hours. Compute etermined overhead rate. (Round your a PASSERE Predetermined overhead rate per MH Required 28 > Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph chooses to combine its departmental rates from requirement 1 into a plantwide pre on machine-hours. a. Compute the plantwide predetermined overhead rate. 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 Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 2A Reqy sed 2B Required 20 Required 2D Assume Delph chooses to combine its departmental rates from requirement i into a plantwide predetermina based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Rour intermediate calculations to 2 decimal places.) Total manufacturing cost Job D-70 Job C-200 2. Assume Delph chooses to combine its departmental rates from requirement 1 into a pl. on machine-hours. a. Compute the plantwide predetermined overhead rate. 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 price Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 2A Required 2B Required 20 Required 2D Assume Delph chooses to combine its departmental rates from requirement 1 into a plantwide pr based on machine-hours. If Delph establishes bid prices that are 150% of total manufacturing co have established for Job D-70 and Job C-2007 (Round your intermediate Calculations to 2 decima Bid price Job D-70 Job C-200 Direct labor cost Machine-hours $ 140,999 $ 240,000 $380,000 4,090 29,009 33,000 Delph had no underapplied or overapplied manufacturing overhead during 2. Assume Delph chooses to combine its departmental rates from requirement 1 int on machine-hours. a. Compute the plantwide predetermined overhead rate. 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 bic Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 2A Required 2B Required 20 Required 2D Assume Delph chooses to combine its departmental rates from requirement 1 into a plant based on machine-hours. What is Delph's cost of goods sold for the years Reund vour int Cast of goods sold Renuired 70
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