Question

Machine-hour Fbund manufacturing overhead costs Variable manufacturing overhead per machine Molding 29,000 $750,000 Fabrication Total 39000 68,000 $300,000 $1050 poo hour $ 5.60 $ 5.50 During the year, the company had no beginning or ending Inventories and it started, completed, and sold only twojob-Job D-70 and Job C-200. It provided the following Information related to those two be! Job D-70: Molding Fabrication Total Direct material cost $375,000 $329,000 $704,000 Direct labor cost $ 20 $ 100 DOO $ 350 poo Machine-hour 24000 5000 29000 Job C-200: Molding Fabrication Total Direct material cost $270 poo $250 000 $ 530 poo Direct labor cost $ 10 poo $200 000 $ 570 poo Machine-hours 5.000 34.000 39.000 Deiph had no overapplied or unde applied manufacturing overheed during the year 20.00 points Assume Delph uses a plantwide overhead rate based on machine-hours Required: 1-a. Compute the predetermined plantwide overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead рег мн 1.b. Compute the total manufacturing costs 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 1-c. If Delph establishes bid prices that are 150% of total manufacturing costs, what bid price 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 1.d. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.) Cost of goods sold