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assume delph uses a plantwide predetermined overhead rate based on machine-hours

ID: 2411659 • Letter: A

Question

assume delph uses a plantwide predetermined overhead rate based on machine-hours
compute the plantwide predetermined overhead rate
compute the total manufacturing cost assigned to job D-70 and job C-200
if the delph establishes bid prices that are 140% of total manufacturing cost, what bid prices would it have established for job D-70 and job C-200?
what is delph's cost of goods sold for the year?

IThe following information applies to the questions displayed below] Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication company provided the following estimates at the beginning of the year lding Fabrication 31,600 Total Machine houns Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour 41,000 72,8e0 $ 780,080 270,0 $1,ese,e00 $ 5.20 $5.20 During the year, the c Job D-70 and Job C-200. It provided the following information related to those two jobs: Direct materials cost Dárect labor cost Molding Fabrication Total 5 379,0e 326,000 795,880 $ 220,609 15,0 370,000 Machine hours 25,860 6,000 31,866 Dob C-200:Molding Fabrication Total Direct materials cost Direct Labor cost Machine-hours s 210,800 276,000 480,00 $ 17e,000 27e,000 440,008 41,600 6,000 35,000 Delph had no underapplied or overapplied manufacturing overhead during the year Eia e , Connect-Google ch.. X? Book 1 . Excel (Produc.. x? Etel (Product Activat...-AVGAntvius

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Molding Fabrication Total Fixed Manufacturing Overhead          780,000          270,000    1,050,000 Machine Hour            31,000            41,000          72,000 Predetermined Fixed Overhead rate(1050000/72000)            14.58 Predetermined Overhead rate(14.58+5.2)            19.78