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Help Save & Exit Submit Required information The following information applies to the questions displayed below. Part 2 of 2

Delph had no underapplied or overapplied manufacturing overhead during the year. Part 2 of 2 2. Assume Delph uses departmenta

Delph had no underapplied or overapplied manufacturing overhead during the year. Part 2 of 2 2. Assume Delph uses departmenta

Assignment 4:Job Order Costing Saved Help Save & Exit Submit Delph had no underapplied or overapplied manufacturing overhead

Assignment 4:Job Order Costing i Help Save & Exit Submit Delph had no underapplied or overapplied manufacturing overhead duri

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Answer #1
a.Computation of departmental pre-determined OH rates based on M/c hrs.
Molding Fabrication
Estimated Fixed MOH costs 710000 230000
Estimated M/c hrs. 32000 42000
so, Departmental Pre-determined Fixed MOH rate=Estd. MOH costs/Estd. Machine hrs. 710000/32000= 230000/42000=
22.19 5.48
per MH per MH
Add:
Variable MOH /m.c hr. 6.1 6.1
Total pre-determined MOH rate 28.29 11.58
b. Total Manufacturing costs assigned to:
Job D- 70
Direct material costs
Molding 371000
Fabrication 326000 697000
Direct labor costs
Molding 210000
Fabrication 160000 370000
MOH costs
Molding dept.
Fixed mfg. costs 23000*22.19= 510370
VMOH costs 23000*6.10= 140300 650670
Fabrication dept.
Fixed mfg. costs 9000*5.48= 49320
VMOH costs 9000*6.1= 54900 104220 754890
Total manufacturing costs assigned to Job D-70 1821890
(D/M+D/L+MOH)
Job C-200
Direct material costs
Molding 250000
Fabrication 280000 530000
Direct labor costs
Molding 110000
Fabrication 300000 410000
MOH costs
Molding dept.
Fixed mfg. costs 9000*22.19= 199710
VMOH costs 9000*6.10= 54900 254610
Fabrication dept.
Fixed mfg. costs 33000*5.48= 180840
VMOH costs 33000*6.1= 201300 382140 636750
Total manufacturing costs assigned to Job C-200 1576750
(D/M+D/L+MOH)
c. Bid prices
Job D-70 1821890*140%= 2550646
Job C-200 1576750*140%= 2207450
d. Delph's COGS for the Year
1821890+1576750=
3398640
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