Required Information (The following information applies to the questions displayed below.) Delph Company uses a...
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Accounting
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 Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding 22 g $ 750,000 $ 5.50 Fabrication 32.eeg $230,800 $ 5.5e Total 54.688 $ 980,000 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-7e Direct materials cost Direct labor cost Machine.hours Molding $375, 0 $ 22e. 16,00 Fabrication Total 5 322,Bee 5 697. $ 130,00 S 350, 6,000 22,800 Job C-200: Direct materials cost Direct labor cost Machine hours Molding Fabrication $ 250,000 $25,000 $ 100,00 5 250,000 16, 0 26, total $5 ,000 $350,00 32, Delon had no underappiled or overapplied manufacturing overhead during the year. Required: 1. Assume De on uses a plantwilde predetermined overhead rate based on machine-hours a. Compute the plantwide predetermined overhead rate. o. Comoure the total manufacturing cost ess gned to Job D-70 and Job C-200 Den este paces that are 150% Of Otomanufacturing cost w i des would have establed for Job :70 and Job 0-200 What is Delpn's cost of goods sold for the year Complete the question by entering your answers in the tabs given below

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