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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 Fabrication Total Machine-hours 31,000 41,000 72,000 Fixed manufacturing overhead costs $710,000$ 240,000 $950,000 Variable manufacturing overhead cost per machine-hour$ 5.80 $5.80 During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs—Job D-70 and Job C-200. It provided the following information related to those two jobs:  Job D-70: Molding Fabrication Total Direct materials cost$ 374,000 $321,000$ 695,000 Direct labor cost $210,000$ 130,000 $340,000 Machine-hours 21,000 10,000 31,000  Job C-200: Molding Fabrication Total Direct materials cost$ 280,000 $260,000$ 540,000 Direct labor cost $180,000$ 280,000 \$ 460,000 Machine-hours 10,000 31,000 41,000

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 140% of total manufacturing costs, 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?