Question: Hello , Please I need help with solving this assignment. Thanks Required information [The following information applies to the questions displayed below.] Delph Company uses
Hello , Please I need help with solving this assignment. Thanks

![information [The following information applies to the questions displayed below.] Delph Company](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/09/66f1f4c5aa59c_86966f1f4c51a15e.jpg)
Required information [The following information applies to the questions displayed below.] Delph Company uses job-order costing with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 58,000 machine-hours would be required for the period's estimated level of production. It also estimated $1,020,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 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 following information to enable calculating departmental overhead rates: 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: Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 2. 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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
