(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 Tixed manufacturing overhead costs Molding Fabrication Total 24,000 33,000 57,000 $ 780,000 $300,000 $1,080,000 5.00 $ 2.00 Variable manufacturing overhead coat per machine-hour 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 Direct materials cast Direct labor cost Machine-hour Molding Yabrication total $ 370,000 $ 320,000 $ 690,000 $ 240,000 $ 140,000 $300,000 17,000 7.000 24,000 Job C-2001 Direct materials cost Direct labor cost Machine-hours Holding Fabrication Total $ 280,000 $ 220,000 $ 500,000 $ 140,000 $ 280,000 $ 420,000 7.000 26,000 33,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. a. Compute the plantwide predetermined overhead rate. 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 manufacturina cost. what bid prices would it have established for Job D-70 and Required: 1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. a. Compute the plantwide predetermined overhead rate. 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-2002 d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 1A Required 1B Required 10 Required 10 Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per MH Required 1A Required 1B > Required: 1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. a. Compute the plantwide predetermined overhead rate 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 2007 d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 1A Required 16 Required 10 Required 10 ** Assume Delph uses a plantwide predetermined overhead rate based on machine hours. Compute the total manufacturing cost 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 Required: 1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. 6. Compute the total manufacturing cost assigned to Job D-70 and Job C 200. cil 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 2007 d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 1A Required 18 Required 1C Required 10 Assume Delph uses a plantwide predetermined overhead rate 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-2007 (Round your Intermediate calculations to 2 decimal places.) Bid price Job D-70 Job C-200 Required: 1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. a. Compute the plantwide predetermined overhead rate, 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-2007 d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required 1A Required 18 Required ic Required 10 Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. What Is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.) Cost of goods sold
