2. Assume Delph chooses to combine its departmental rates from requirement 1 into a plantwide predetermined...

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2. Assume Delph chooses to combine its departmental rates from requirement 1 into a plantwide predetermined overhead rate based on machine-hours. a. Compute the plantwide predetermined overhead rate. 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 Delph's cost of goods sold for the year? Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding Fabrication 22,000 33,000 $760,000 $ 280,000 $ 3.00 $ 1.00 Total 55,000 $1,040,000 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-70 Direct materials cost Direct labor cost Molding Fabrication Total $370,000 $320,000 $690,000 $240,000 $ 160,000 Machine-hours 16,000 6,000 $400,000 22,000 Job C-200 Molding Fabrication Direct materials cost $240,000 Direct labor cost $120,000 Machine-hours 6,000 Total $260,000 $500,000 $ 240,000 $360,000 27,000 33,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph chooses to combine its departmental rates from requirement 1 into a plantwide predetermined overhead rate based on machine-hours. a. Compute the plantwide predetermined overhead rate. 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 Delph's cost of goods sold for the year? Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding Fabrication 22,000 33,000 $760,000 $ 280,000 $ 3.00 $ 1.00 Total 55,000 $1,040,000 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-70 Direct materials cost Direct labor cost Molding Fabrication Total $370,000 $320,000 $690,000 $240,000 $ 160,000 Machine-hours 16,000 6,000 $400,000 22,000 Job C-200 Molding Fabrication Direct materials cost $240,000 Direct labor cost $120,000 Machine-hours 6,000 Total $260,000 $500,000 $ 240,000 $360,000 27,000 33,000 Delph had no underapplied or overapplied manufacturing overhead during the year.