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[ The following information applies to the questions displayed below. ] Delph Company uses a job - order costing system and has two manufacturing departments
The following information applies to the questions displayed below.
Delph Company uses a joborder costing system and has two manufacturing departmentsMolding and Fabrication. The
company provided the following estimates at the beginning of the year:
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.
Exerclse Algo Part
Requlred:
Assume Delph uses departmental predetermined overhead rates based on machinehours.
Compute the departmental predetermined overhead rates.
Compute the total manufacturing cost assigned to Job D and Job C
If Delph establishes bid prices that are of total manufacturing cost, what bid prices would it have established for Job D and
ob
What is Delph's cost of goods sold for the year?
Complete the question by entering your answers in the tabs given below.
Assume Delph uses departmental predetermined overhead rates based on machinehours. Compute the departmental
predetermined overhead rates. Round the final answers to decimal places.
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