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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:

	Molding	Fabrication	Total
Machine-hours	20,000	30,000	50,000
Fixed manufacturing overhead cost	$ 700,000	$ 210,000	$ 910,000
Variable manufacturing overhead cost per machine-hour	$ 3.00	$ 1.00

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:	Molding	Fabrication	Total
Direct materials cost	$ 375,000	$ 325,000	$ 700,000
Direct labor cost	$ 200,000	$ 160,000	$ 360,000
Machine-hours	14,000	6,000	20,000

Job C-200:	Molding	Fabrication	Total
Direct materials cost	$ 300,000	$ 250,000	$ 550,000
Direct labor cost	$ 175,000	$ 225,000	$ 400,000
Machine-hours	6,000	24,000	30,000

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

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 bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200?

d. What is Delphs cost of goods sold for the year?

Required 1A Required 1B Required 1C Required 10 Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental predetermined overhead rates. Predetermined overhead rates $ 1,350,000 per MH Molding Department Fabrication Department $ 27 per MH Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. Total manufacturing cost 1,600,000 1,760,000 Job D-70 $ Job C-200 $ Assume Delph uses departmental predetermined overhead rates 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-200? Bid price Job D-70 $ 2,400,000 2,640,000 Job C-200 $ Assume Delph uses departmental predetermined overhead rates based on machine-hours. What is Delph's cost of goods sold for the year? Cost of goods sold $ 3,360,000