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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 joborder costing system with a plantwide predetermined overhead rate based on machine hours. At the beginning of the year, the company estimated that machinehours would be required for the period's estimated level of production. It also estimated $ of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $ per machinehour. Because Delph has two manufacturing departmentsMolding and Fabricationit is considering replacing its plantwide overhead rate with departmental rates that would also be based on machinehours. 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 and Job C 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 machinehours.. a Compute the departmental predetermined overhead rates. b Compute the total manufacturing cost assigned to Job D and Job C c If Delph establishes bid prices that are of total manufacturing cost, what bid prices would it have established for Job D and Job C 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 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 decimal places.
Required information The following information applies to the Required information
The following information applies to the questions displayed below.
Delph Company uses a joborder costing system with a plantwide predetermined overhead rate based on machine
hours. At the beginning of the year, the company estimated that machinehours would be required for the
period's estimated level of production. It also estimated $ of fixed manufacturing overhead cost for the
coming period and variable manufacturing overhead of $ per machinehour.
Because Delph has two manufacturing departmentsMolding and Fabricationit is considering replacing its plantwide
overhead rate with departmental rates that would also be based on machinehours. 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 and Job C 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 machinehours..
a Compute the departmental predetermined overhead rates.
b Compute the total manufacturing cost assigned to Job D and Job C
c If Delph establishes bid prices that are of total manufacturing cost, what bid prices would it have established for Job D
and Job C
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 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 decimal places.
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