Delph Company uses a job-order costing system and has two manufacturing departments—Molding and Fabrication. The company

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answerhappygod
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Delph Company uses a job-order costing system and has two manufacturing departments—Molding and Fabrication. The company

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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:
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:
Delph had no underapplied or overapplied manufacturing overheadduring the year.
rev: 07_21_2020_QC_CS-217627, 09_03_2020_QC_CS-225692
Required:1. Assume Delph uses departmental predetermined overhead ratesbased on machine-hours.
a. Compute the departmental predetermined overhead rates.
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?
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