Required information [The following information applies to the questions displayed below.) 2 of 2 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: Total Molding 23,000 Machine-hours 58,000 Fabrication 35,000 $ 280,000 $ 1.00 Fixed manufacturing overhead cost $1,000,000 $ 720,000 $4.00 Variable manufacturing overhead cost per machine-hour ipped 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 Direct materials cost Molding $ 370,000 $ 220,000 15,000 Fabrication $ 320,000 $ 140,000 Total $ 690,000 $360,000 23,000 Direct labor cost Machine-hours Book 8,000 Job C-200 Fabrication $260,000 Print Direct materials cost Direct labor cost Molding $ 260,000 $100,000 8,000 $ 260,000 27,000 Total $ 520,000 $360,000 35,000 Machine-hours ferences Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph chooses to combine its departmental rates from requirement 1 into a plantwide predetermined overhead rate based on machine-hours. a. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. c. If Delph establishes bid prices that are 150% of total manufacturing costs, what bid priges would it have established for Job D-70 and Job C-200? d. What is Delph's cost of goods sold for the year?