Question: Maps Rose Gold Marble Save & Exit Help Sut: 2 - Homework Saved Check my wo Delph Company uses a job-order costing system and has

 Maps Rose Gold Marble Save & Exit Help Sut: 2 -

Homework Saved Check my wo 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: Molding 27,000 $ 790,000 $

5.20 Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour

Fabrication 37,000 $ 280,000 $ 5.20 Total 64,000 $1,070,000 During the year,

Maps Rose Gold Marble Save & Exit Help Sut: 2 - Homework Saved Check my wo 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: Molding 27,000 $ 790,000 $ 5.20 Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Fabrication 37,000 $ 280,000 $ 5.20 Total 64,000 $1,070,000 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: Des Job D-70: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 375,000 $ 327,000 $ 702,000 $ 220,000 $ 180,000 $ 400,000 19,000 8,000 27,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 260,000 $ 210,000 $ 470,000 $ 170,000 $ 270,000 $ 440,000 8,000 29,000 37,000 Delph had no underapplied or overapplied manufacturing overhead during the year

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!