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Delph Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year:

MoldingFabricationTotalMachine-hours30,00040,00070,000Fixed manufacturing overhead costs$720,000$280,000$ 1,000,000Variable manufacturing overheadper machine-hour$5.70$5.70

During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobsJob D-70 and Job C-200. It provided the following information related to those two jobs:

Job D-70:MoldingFabricationTotalDirect materials cost$379,000$321,000$700,000Direct labor cost$250,000$130,000$380,000Machine-hours25,0005,00030,000

Job C-200:MoldingFabricationTotalDirect materials cost$210,000$210,000$420,000Direct labor cost$140,000$270,000$410,000Machine-hours5,00035,00040,000

Delph had no overapplied or underapplied manufacturing overhead during the year.

4.

value:

20.00 points

Required information

Assume Delph uses a plantwide overhead rate based on machine-hours.

Required:1-a.Compute the predetermined plantwide overhead rate.(Round your answer to 2 decimal places.)

1-b.Compute the total manufacturing costs assigned to Job D-70 and Job C-200.(Round your intermediate calculations to 2 decimal places.)

1-c.If Delph establishes bid prices that are 130% of total manufacturing costs, what bid price would it have established for Job D-70 and Job C-200?(Round your intermediate calculations to 2 decimal places.)

1-d.What is Delph's cost of goods sold for the year?(Round your intermediate calculations to 2 decimal places.)

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5.

value:

25.00 points

Required information

Assume Delph uses departmental overhead rates based on machine-hours.

2-a.Compute the predetermined departmental overhead rates.(Round your answer to 2 decimal places.)

2-b.Compute the total manufacturing costs assigned to Job D-70 and Job C-200.(Round your intermediate calculations to 2 decimal places.)

2-c.If Delph establishes bid prices that are 130% of total manufacturing costs, what bid price would it have established for Job D-70 and Job C-200?(Round your intermediate calculations to 2 decimal places.)

2-d.What is Delph's cost of goods sold for the year?(Round your intermediate calculations to 2 decimal places.)