Question: anyone can help? (Req1-Req1D) Please try to write clealry and make sure eveything can be seen. Thank you:) [The following information applies to the questions

anyone can help? (Req1-Req1D) Please try to write clealry and make sure eveything can be seen. Thank you:)
anyone can help? (Req1-Req1D) Please try to write clealry and make sure
eveything can be seen. Thank you:) [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: Total Machine-hours Molding 24,000 Fabrication 33,000 57,000

[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: Total Machine-hours Molding 24,000 Fabrication 33,000 57,000 Fixed manufacturing overhead cost $ 220,000 Variable manufacturing overhead cost per machine-hour $ 800,000 $3.00 1,020,000 $ 2.00 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 Total Direct materials cost Molding $ 370,000 $ 240,000 16,000 Fabrication $ 320,000 $ 160,000 Direct labor cost Machine-hours $ 690,000 $ 400,000 8,000 24,000 Job C-200 Direct materials cost Holding $ 300,000 Direct labor cost Machine-hours $ 160,000 Fabrication $ 260,000 $ 260,000 25,000 Total $ 560,000 $ 420,000 33,000 8,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses departmental predetermined overhead rates based on machine-hours. a. Compute the departmental predetermined overhead rates. 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 cost, 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? Required 1A Required 18 Required IC Required 10 Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Predetermined overhead rates Molding Department per MH Fabrication Department per MH Required 1A Required 18 Required 1C Required 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) ces Total manufacturing cost Job D-70 Job C-200 Required 1A Required 18 equired 1C Required 10 Assume Delph uses departmental predetermined overhead rates based on machine-hours. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-2007 (Round your Intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Bid price Job D-70 Job C-200 Required 1A Required 18 Required 1C Required 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final answer to nearest whole dollar amount.) Cost of goods sold

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