(Solved): I Required information Exercise 2-17 (Algo) Plantwide and Departmental Predetermined Overhead Rates; ...

I Required information Exercise 2-17 (Algo) Plantwide and Departmental Predetermined Overhead Rates; Job Costs [LO2-1, LO22, LO2-3, LO2-4] [The following information applies to the questions displayed below.] Delph Company uses job-order costing with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 56,000 machine-hours would be required for the period's estimated level of production. It also estimated

of fixed manufacturing overhead cost for the coming perlod and variable manufacturing overhead of

per machine-hour. Because Delph has two manufacturing departments-Molding and Fabrication-it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following information to enable calculating departmental overhead rates: \table[[Machine-hours,Molding,Fabrication,Total],[Fixed manufacturing overhead cost,

,

,