Question: please answer this problem I need help. asap. Delph Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication. The company provided









please answer this problem I need help. asap.
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: Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding Fabrication 21,000 33,000 $ 780,000 $ 240,000 $ 5.00 $ 1.50 Total 54,000 $1,020,000 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: Job D-70: Direct materials cost Direct labor fost Machine-hours Molding Fabrication Total $ 370,000 $ 320,000 $ 690,000 $ 220,000 $ 140,000 $360,000 14,000 7,000 21,000 Job C-200 : Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 260,000 $ 260,000 $520,000 $ 160, 000 $ 300,000 $ 460,000 7,000 26,000 33, 000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses a plantwide predetermined overhead rate 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 cost, what bid prices would it have established for Job D-70 = Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs glven below. Req 1a Req 1B Req ic Req 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per MH Req 1A Req 1B Req 1c Req 1D Assume Delph uses a plantwide predetermined overhead rate 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.) Total manufacturing cost Job D-70 Job C-200 Req 1A Req 1B Rectic Req 1D Assume Delph uses a plantwide predetermined overhead rate 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-200? (Round your intermediate calculations to 2 decimal places.) Bid price Job D-70 Job C-200 Req 1A Req 1B Req 1C Reg 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. What is Delph's cost of good the year? (Round your intermediate calculations to 2 decimal places.) Cost of goods sold Req 2A Req 2B Mpeq 2c Req 2D Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Pre determined overhead rates $ 42.14 per MH Molding Department Fabrication Department $ 8.77 per MH Req 2A ReqB Req 2c Req 2D Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations decimal places. Round your final answers to nearest whole dollar amount.) Total manufacturing cost $ 1,701,350 Job D-70 Job C-200 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? (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 Req 2A Req 2B Req 2C Req 2D What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your fina answer to nearest whole dollar amount.) Cost of goods sold
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