Exercise $2-1/($Static$)$ HIantwide and Departmental Hredetermined Uverhead Kates; Job Costs LLU$2-1,$ LO$2-2,$ LO$2-3,$ LO$2-4]$

$[$The following information applies to the questions displayed below$]$

Delph Company uses job$-$order costing with a plantwide pledetermined overhead rate based on machine$-$hours. At the beginning of the year, the company estimated that $50,000$ machine$-$hours would be required for the period's estimated level of production. It also estimated $$910,000$ of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $$180$ per machine$-$hour

Because Delph has two manufacturing departments$-$Molding and Fabrication$-$it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine$-$hours. The company gathered the followirig information to enable calculating departmental overhead rates.

$\backslash$table$[[,$Molding,Fabrication,Total$],[$Machine$-$hours,$20,000,30,000,50,000],[$Fixed manufacturing owerhead cost,$$700,000,$$$210,000,],[$Variable manufacturing overhead cost per machine$-$hour,$$910,000,,],[,$$$3\mathrm{.}00,$$$1\mathrm{.}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.

$\backslash$table$[[$Job D$-70,$Molding,Fabrication,Total$],[$Direct materials cost,$$375,000,$$$325,000,$$$700,000$