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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	$	760,000	$	250,000	$	1,010,000
Variable manufacturing overhead cost per machine-hour	$	6.00	$	6.00

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	$	324,000	$	699,000
Direct labor cost	$	230,000	$	120,000	$	350,000
Machine-hours		19,000		6,000		25,000

Job C-200:	Molding		Fabrication		Total
Direct materials cost	$	220,000	$	300,000	$	520,000
Direct labor cost	$	140,000	$	300,000	$	440,000
Machine-hours		6,000		29,000		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. ( Molding Department ___ per Mh, Fabrication Department ____ per Mh)

b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200.

c. If Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200?

d. What is Delphs cost of goods sold for the year?

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