Managerial Accounting X M Question 2 - Exam 1 - Connec X Assignments: 2023SP ACC-1 x | G 9 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmhepro... M Gmail Traducir Maps YouTube N Netflix Dashboard Dashboard - Readi.. iLovePDF | Herram... Oo Resoomer | Resum... myHerbalife.com 9Mail - Rudelkis Pol... > > All Bookmarks Exam 1 i Saved Help Save & Exit Submit 2 Required information [The following information applies to the questions displayed below.] Part 1 of 2 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 56,000 machine-hours would be required for the period's estimated level of production. It also estimated $960,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $5.00 per machine-hour. eBook 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: Molding Fabrication Total Machine-hours 24, 000 32, 000 56, 000 Fixed manufacturing overhead cost $ 700, 000 $ 260, 000 $ 960, 000 Variable manufacturing overhead cost per machine-hour $ 5.00 $ 1. 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 Molding Fabrication Total Direct materials cost $ 370, 000 $ 320, 000 $ 690, 000 Direct labor cost $ 200, 000 $ 180, 000 $ 380, 000 Machine-hours 16, 000 8, 000 24,000 Job C-200 Molding Fabrication Total Direct materials cost $ 260, 000 $ 300, 000 $ 560, 000 Direct labor cost $ 160, 000 $ 260, 000 $ 420, 000 Machine-hours 8, 000 24,000 32, 000 Delph had no underapplied or overapplied manufacturing overhead during the year. Mc Graw HillManagerial Accounting X M Question 2 - Exam 1 - Connec X Assignments: 2023SP ACC-1 x | G 9 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmhepro... M Gmail x Traducir Maps YouTube N Netflix Dashboard Dashboard - Readi... iLovePDF | Herram... oo Resoomer | Resum... myHerbalife.com 9Mail - Rudelkis Pol... > > All Bookmarks Exam 1 i Saved Help Save & Exit Submit Machine-nours 8,060 24, 000 32,060 2 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: Part 1 of 2 1. Assume Delph uses plantwide predetermined overhead rates 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 eBook and Job C-200? d. What is Delph's cost of goods sold for the year? Complete this question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C Required 1D Assume Delph uses plantwide predetermined overhead rates based on machine-hours. Compute the plantwide predetermined overhead rate Note: Round your answer to 2 decimal places. Predetermined overhead rate per MH Required 1A Required 1B > Mc Graw HillManagerial Accounting X M Question 2 - Exam 1 - Connec X Assignments: 2023SP ACC-1 x | G 9 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmhepro... M Gmail x Traducir Maps YouTube N Netflix Dashboard Dashboard - Readi... iLovePDF | Herram... oo Resoomer | Resum... myHerbalife.com 9Mail - Rudelkis Pol... > > All Bookmarks Exam 1 i Saved Help Save & Exit Submit Machine-nours 8,060 24, 000 32,060 2 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: Part 1 of 2 1. Assume Delph uses plantwide predetermined overhead rates 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 eBook and Job C-200? d. What is Delph's cost of goods sold for the year? Complete this question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C Required 1D Assume Delph uses plantwide predetermined overhead rates based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200 Note: Round your intermediate calculations to 2 decimal places. Round your final answers to the nearest whole dollar amount. Total Manufacturing Cost Job D-70 Job C-200 Mc Graw HillManagerial Accounting X M Question 2 - Exam 1 - Connec X Assignments: 2023SP ACC-1 x | G 9 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmhepro... M Gmail x Traducir Maps YouTube N Netflix Dashboard Dashboard - Readi... iLovePDF | Herram... oo Resoomer | Resum... myHerbalife.com 9Mail - Rudelkis Pol... > > All Bookmarks Exam 1 i Saved Help Save & Exit Submit Machine-nours 8,060 24, 000 32,060 2 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: Part 1 of 2 1. Assume Delph uses plantwide predetermined overhead rates 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 eBook and Job C-200? d. What is Delph's cost of goods sold for the year? Complete this question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C Required 1D Assume Delph uses plantwide predetermined overhead rates based on machine-hours. 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? Note: Round your intermediate calculations to 2 decimal places. Round your final answers to the nearest whole dollar amount. Bid Price Job D-70 Job C-200 Required 1B Required 1D > Mc Graw HillManagerial Accounting X M Question 2 - Exam 1 - Connec X Assignments: 2023SP ACC-1 x | G 9 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmhepro... M Gmail x Traducir Maps YouTube N Netflix Dashboard Dashboard - Readi... iLovePDF | Herram... oo Resoomer | Resum... myHerbalife.com 9Mail - Rudelkis Pol... > > All Bookmarks Exam 1 i Saved Help Save & Exit Submit Machine-nours 8,060 24, 000 32,060 2 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: Part 1 of 2 1. Assume Delph uses plantwide predetermined overhead rates 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 eBook and Job C-200? d. What is Delph's cost of goods sold for the year? Complete this question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C Required 1D Assume Delph uses plantwide predetermined overhead rates based on machine-hours. What is Delph's cost of goods sold for the year? Note: Round your intermediate calculations to 2 decimal places. Round your final answer to the nearest whole dollar amount. Cost of goods sold Required 1C Required 1D Mc Graw Hill