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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 --Molding and Fabrication. The

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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 --Molding and Fabrication. The company provided the following estimates at the beginning of the year. Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding Fabrication Total 21,000 32,000 53,000 $760,000 $ 300,000 $1,068,000 $ 4.ee $ 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 Molding Fabrication total Direct materials cost $ 370,000 $ 320,000 $690.000 Direct labor cost $ 240,000 $160,000 $400,000 Machine-hours 13,000 8,000 21,000 Job C-200 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 200,000 $260,000 $460,000 $ 120,000 $200,000 $400,000 8,000 24,000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. 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 bld 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? Required 1A Required 1B Required 10 Required 10 Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Predetermined overhead rates Molding Department Fabrication Department per MH per MH Required 1B > Required 1A Required 1B Required 1C Required 10 Assume Delph uses departmental predetermined overhead rates based on mach cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations answers to nearest whole dollar amount.) Total manufacturing cost Job D-70 Job C-200 Required 1A Required 1B Required 10 Required 1D Assume Delph uses departmental predetermined overhead rates based on ma are 150% of total manufacturing cost, what bid prices would it have establish intermediate calculations to 2 decimal places. Round your final answers to ne Bid price Job D-70 Job C-200 Required 1A Required 1B Required 10 Required 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Wha for the year? (Round your intermediate calculations to 2 decimal places. Round your final answ amount.) Cost of goods sold

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