# Please help me with this problem? 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:   MoldingFabrication TotalMachine-hours 25,000 35,000 60,000Fixed manufacturing overhead costs\$750,000\$290,000\$1,040,000Variable manufacturing overhead cost per machine-hour\$5.30\$5.30     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:MoldingFabricationTotalDirect materials cost\$376,000\$326,000\$702,000Direct labor cost\$210,000\$180,000\$390,000Machine-hours 17,000 8,000 25,000   Job C-200:MoldingFabricationTotalDirect materials cost\$300,000\$260,000\$560,000Direct labor cost\$150,000\$270,000\$420,000Machine-hours 8,000 27,000 35,000  Delph had no underapplied or overapplied manufacturing overhead during the year. 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 120% 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?

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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 25,000 35,000 60,000 Fixed manufacturing overhead costs \$ 750,000 \$ 290,000 \$ 1,040,000 Variable manufacturing overhead cost per machine-hour \$ 5.30 \$ 5.30

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 \$ 376,000 \$ 326,000 \$ 702,000 Direct labor cost \$ 210,000 \$ 180,000 \$ 390,000 Machine-hours 17,000 8,000 25,000

 Job C-200: Molding Fabrication Total Direct materials cost \$ 300,000 \$ 260,000 \$ 560,000 Direct labor cost \$ 150,000 \$ 270,000 \$ 420,000 Machine-hours 8,000 27,000 35,000

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 120% 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?

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Step 1

“Hey, since there are multiple sub-parts posted, we will answer first three questions. If you want any specific sub-part to be answered then please specify the sub-part number in your message.”

Step 2

Normally, factory overhead costs are applied or allocated to cost of job based on predetermined factory overhead rate.

Step 3
1. a.

Compute the pre-determined departmental overhead rate for Molding department.

Compute the pre-determined departmental overhead rate for Fabrication department.

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