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Delph Company uses a job-order costing system and has twomanufacturing departments—Molding and Fabrication. The companyprovided the following estimates at the beginning of the year: MoldingFabricationTotalMachine-hours33,00043,00076,000Fixed manufacturing overheadcosts$730,000$270,000$1,000,000Variable manufacturing overheadcost per machine-hour$5.20$5.20 During the year, the company had no beginning or endinginventories and it started, completed, and sold only two jobs—JobD-70 and Job C-200. It provided the following information relatedto those two jobs: Job D-70:MoldingFabricationTotalDirect materials cost$374,000$323,000$697,000Direct labor cost$220,000$120,000$340,000Machine-hours25,0008,00033,000 Job C-200:MoldingFabricationTotalDirect materials cost$260,000$230,000$490,000Direct labor cost$140,000$250,000$390,000Machine-hours8,00035,00043,000Delph had no underapplied or overapplied manufacturing overheadduring the year.1. Assume Delph uses a plantwide predetermined overhead ratebased on machine-hours.a. Compute the plantwide predetermined overhead rate.b. Compute the total manufacturing cost assigned to Job D-70 andJob C-200.c. If Delph establishes bid prices that are 150% of totalmanufacturing cost, what bid prices would it have established forJob D-70 and Job C-200?d. What is Delph’s cost of goods sold for the year?