Question: X Answer is complete but not entirely correct. Complete the question by entering your answers in the tabs given below. Required Required Required Required 1A





X Answer is complete but not entirely correct. Complete the question by entering your answers in the tabs given below. Required Required Required Required 1A 1B 1C 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final answer to nearest whole dollar amount.) Show less Cost of goods $ 3,020,970% sold Exercise 2-15 (Algo) Plantwide and Departmental Predetermined Overhead Rates; Job Costs (L02-1, LO2- 2, LO2-3, LO2-4) [The following information applies to the questions displayed below.) Delph Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year: Molding Fabrication Total Machine-hours 21,000 33,000 54,000 Fixed manufacturing overhead cost $720,000 $ 240,000 $960,000 Variable manufacturing overhead cost per machine-hour $ 5.00 $ 2.00 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: Job D-70 Molding Fabrication Total Direct materials $370,000 $ 320,000 $690,000 cost Direct labor cost $200,000 $ 120,000 $320,000 Machine- hours 14,000 7,000 21,000 Job C-200 Molding Fabrication Total Direct materials $260,000 $ 300,000 $560,000 cost Direct labor cost $120,000 $ 260,000 $380,000 Machine- hours 7,000 26,000 33,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required Required Required Required 1A 1B 1C 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Molding Department Fabrication Department Predetermined overhead rates $ 38.33 Xper MH $ 9.88 Xper MH X Answer is complete but not entirely correct. Complete the question by entering your answers in the tabs given below. Required Required Required Required 1A 1B 1C 1D Assume Delph uses departmental predetermined overhead rates 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. Round your final answers to nearest whole dollar amount.) Show less Total manufacturing cost Job D- $ 70 691,130X Job C- $ 200 439,840 Answer is complete but not entirely correct. Complete the question by entering your answers in the tabs given below. 1B Required Required Required Required 1A 1C 1D Assume Delph uses departmental predetermined overhead rates 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. Round your final answers to nearest whole dollar amount.) Show less Bid price Job D-70 $ 1,036,695 Job C- $ 659,760% 200 $
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