There are four parts to this question. The data for each part is in the first photo.
Required Information 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 Pixed manufacturing overhead costs Variable manufacturing overhead coat per machine-hour Molding Fabrication 28,000 38,000 $ 700,000 $ 220,000 $ 5.70 $ 5.70 Total 66,000 $920,000 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-701 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 380,000 $328,000 $700.000 $ 240,000 $ 140,000 $380,000 18,000 10,000 28,000 Job C-2005 Direct materials cost Direct labor cost Machine-hours Molding Fabrication total $ 270,000 $ 220,000 $ 490,000 $ 180,000 $280,000 $460,000 10,000 28,000 30,000 Delph had no underapplied for overapplied manufacturing overhead during the year. 2. 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 130% of total manufacturing costs, what bld prices would it have established for Job D-70 and Job C-200? Direct labor cost Machine-hours $180,000 $ 280,000 $ 460,000 10,000 28,000 38,000 Delph had no underapplied for overapplied manufacturing overhead during the year. 2. 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 130% of total manufacturing costs, what bid prices would it have established for Job D-70 an Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Req 2A Req 28 Req 2C Req 2D Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Pre determined overhead rates Molding Department $30.70 per MH Fabrication Department $11.49 per MH Res 21 > 2. 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 130% of total manufacturing costs, what bid prices would it have established for Job Job C-2007 d. What is Delph's cost of goods sold for the year? Book Complete the question by entering your answers in the tabs given below. erences Reg 2A RR 28 Reg 2C Reg 20 Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Total manufacturing Job D-70 Job C-200 Delph had no underapplied for overapplied manufacturing overhead during the year. 2. 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 130% of total manufacturing costs, what bld 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. Reg 2A Reg 2B Reg 2C Reg 2D What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final answer to nearest whole dollar amount.) Cost of goods sold
