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 Holding 24,000 $ 740,000 $ 5.00 Fabrication Total 34,000 58,000 $ 220,000 5960,000 $ 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-70: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 370,000 $ 320,000 $ 690,000 $ 220,000 $ 180,000 $400,000 15,600 9,000 24,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 240,000 $ 260,000 $500,000 $ 140,000 $ 300,000 $440,000 9,000 25,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 12 Required: 1. Assume Delph uses 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 that are 150% of total manufacturing cost, 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? Complete the question by entering your answers in the tabs given below. ok K Req 1A Reg 1B Reg IC Reg 10 ences Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per MH Route Req 18 > 012 Required: 1. Assume Delph uses 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 that are 150% of total manufacturing cost, 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? Complete the question by entering your answers in the tabs given below. BOOK ASK Reg 1B Reg 1A Req 1C Print Seg 10 References Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C200. (Round your intermediate calculations to 2 decimal places.) Total manufacturing cost Job D-70 Job C 200 Part 1 of 2 Required: 1. Assume Delph uses 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 that are 150% of total manufacturing cost, 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? Complete the question by entering your answers in the tabs given below. 6.25 points eBook Reg 1A Reg 1B Reg 10 Reg 10 References Assume Delph uses a plantwide predetermined overhead rate based on machine hours. If Delph establishes bild prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-2007(Round your Intermediate calculations to 2 decimal places.) Bid price Job D-70 Job C-200 Reg 1B Reg 10 > Part 1 of 2 Required: 1. Assume Delph uses 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 that are 150% of total manufacturing cost, 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? 6.25 noints ellook Complete the question by entering your answers in the tabs given below. AR Reg 1 Reg 13 Reg 1 Reg 10 Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.) Cost of goods sold
