Question

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 Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding Fabrication 25,000 34,000 $ 780,000 $ 280,00 $ $ 2.00 Total 59, eee $1,860, eee 5.00 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 $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 200,000 140,000 $ 340,000 Machine-hours 15, eee 10,000 25,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 240,eee $ 220,000 $ 460, eee $ 140, eee $ 260,000 $ 400,000 10,000 24,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year.