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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 departmentsMolding and Fabrication. The company

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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 departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year: Molding Machine-hours 27,000 Fixed manufacturing overhead costs $ 740,000 Variable manufacturing overhead per machine-hour $ 5.10 Fabrication 37,000 $250,000 $ 5.10 Total 64,000 $ 990,000 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 $ 377,000 $329,000 $ 706,000 Direct labor cost $ 200,000 $ 160,000 $360,000 Machine-hours 18,000 9,000 27,000 Job C-200 Molding Fabrication Total Direct materials cost $ 290,000 $ 220,000 $ 510,000 Direct labor cost $ 170,000 $ 260,000 $ 430,000 Machine-hours 9,000 28,000 37,000 Delph had no overapplied or underapplied manufacturing overhead during the year. 4. value: 20.00 points 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.) Predetermined overhead rate per MH 1-b. Compute the total manufacturing costs 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 1-c. If Delph establishes bid prices that are 140% 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.) Bid price Job D-70 Job C-200 1-d. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.) Cost of goods sold 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.) Predetermined overhead rates per MH Molding Department Fabrication Department per MH 2-b. Compute the total manufacturing costs 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 2-c. If Delph establishes bid prices that are 140% 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.) Bid price Job D-70 Job C-200 2-d. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.) Cost of goods sold

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