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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		25,000		35,000		60,000
Fixed manufacturing overhead costs	$	770,000	$	240,000	$	1,010,000
Variable manufacturing overhead cost per machine-hour	$	5.70	$	5.70

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	$	329,000	$	704,000
Direct labor cost	$	200,000	$	170,000	$	370,000
Machine-hours		17,000		8,000		25,000

Job C-200:	Molding		Fabrication		Total
Direct materials cost	$	210,000	$	250,000	$	460,000
Direct labor cost	$	170,000	$	230,000	$	400,000
Machine-hours		8,000		27,000		35,000

Delph had no underapplied or 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. (Round the final answers to 2 decimal places.)

	Pre determined overhead rates Molding Department per MH Fabrication Department per MH

b. 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 cost Job D-70 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-200? (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.)

	Bid price Job D-70 Job C-200

d. What is Delphs 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

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