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Required information [ The following information applies to the Required information [ The following information applies to the questions displayed below. ] Delph Company uses

Required information [The following information applies to the Required information
[The following information applies to the questions displayed below.]
Delph Company uses a job-order costing system with a plantwide predetermined overhead rate based on machine-
hours. At the beginning of the year, the company estimated that 57,000 machine-hours would be required for the
period's estimated level of production. It also estimated $1,000,000 of fixed manufacturing overhead cost for the
coming period and variable manufacturing overhead of $5.00 per machine-hour.
Because Delph has two manufacturing departments-Molding and Fabrication-it is considering replacing its plantwide
overhead rate with departmental rates that would also be based on machine-hours. The company gathered the
following information to enable calculating departmental overhead rates:
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:
Delph had no underapplied or overapplied manufacturing overhead during the year.
Required:
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 cost, 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?questions displayed below.] Vintage Company reports the following information. Compute product cost per unit under absorption costing. (Round your answers to 2 decimal places.)Required information [The following information applies to the questions displayed below.] Vintage Company reports the following information. Compute product cost per unit under variable costing. (Round your answers to 2 decimal places.)
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