system an nas 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 21,800 $ 720,000 $ 4.00 Fabrication 34,000 $ 260,000 $ 1.ee Total 55,000 $ 980,000 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 saterials cost Direct labor cost Machine-hours Molding Fabrication Total $ 370,000 $320,000 $ 690,000 $ 220,000 $120,000 $340,000 15,000 6,000 21,000 Job C-2001 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 260,000 $280,000 $540,000 $ 160,000 $240,000 $400,000 6,000 28,000 30,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours a Comiste the nlantirilenariaterminar merharata Proy 12 of 6 i Next > 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. Reg 1A Reg 1B Req 1C Req 1D 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 Req 10 > 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 Job C-200? d. What is Delph's cost of goods sold for the year? 02:57:09 Complete the question by entering your answers in the tabs given below. Req 1A Reg 1B 1B Req 1C Req 10 Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the total manufacturing cosu assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places.) Total manufacturing cost Job D-70 Job C-200 Req 1A Req 1B Reqsic Reg 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. 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 (Round your intermediate calculations to 2 decimal places.) 5:58 Bid price Job D-70 Job C-200 Prey 1 2 of 6 fit Next > Required information b C-200? What is Delph's cost of goods sold for the year? Complete the question by entering your a swers in the tabs given below. Req 1A Req 1B Regic 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
