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0 Required information (The following information applies to the questions displayed below) Delph Company uses a job-order costing system and has two manufacturing departments-Molding and

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0 Required information (The following information applies to the questions displayed below) 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. Molding Fabrication Total Machine-hours 21,000 32,000 53,000 Tixed manufacturing overhead cost $ 720,000 $ 260,000 $ 980,000 Variable manufacturing overhead cost per machine-hour $ 4.00 $ 1.50 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 Direct labor cost $ 320,000 $ 690,000 $ 220,000 $ 140,000 Machine-hours $360,000 16,000 5,000 21,000 Job C-200 Molding Fabrication Total Direct materials cost $ 220,000 Direct labor cost $ 220,000 $.440,000 $ 140,000 $ 240,000 $ 380,000 Machine-hour 5,000 27,000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses departmental predetermined overhead rates based on machine-hours. a. Compute the departmental predetermined overhead rates. 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 cost, what bid prices would it have established for Job D-70 and Job C-2002 d. What is Delph's cost of goods sold for the year

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