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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

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

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 overapplied or underapplied manufacturing overhead during the year.

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

2-a.

Compute the predetermined departmental overhead rates.

2-b.

Compute the total manufacturing costs assigned to Job D-70 and Job C-200.

2-c.

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

2-d.

What is Delphs cost of goods sold for the year?

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