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Don 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
Don 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 Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding Fabrication. Total 28,000 38, ce 66,000 $720,800 $ 220, eee $948, eee $ 5.99 $ 5.90 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-78: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Totalli $375,000 5 326.000 $701, eee $2ee, eee $ 160,000 $360,000 20,000 8,000 28,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 300,000 $ 220,000 $520,000 Slee,eee $ 240, see $340,000 8, see 30, ece 38,eee 193939 Delph had no underapplied or overapplied manufacturing overhead during the year. * r. Exercise 2-15 Part 2 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 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. Req 2A Reg 2B Reg 20 Req 2D Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Molding Department Fabrication Department Pre determined overhead rates per MH per MH
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