2. Assume Delph chooses to combine its departmental rates from requirement into a plantwido prodetermined overhead rate based on machine-hours a. Compute the plantwide predetermined overhead rate. 6 Compute the total manufacturing cost assigned to Job D70 and Job C 200 ci Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have estabished for Job D-70 and Job C-2007 d. What is Delph's cost of goods sold for the year? 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: Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding Fabrication Total 21,000 34,000 55,000 $740,000 $280,000 $1,020,000 3.00 $ 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 Pabrication Total Direct materials cost $370,000 $ 320,000 $690,000 Direct labor cost $220,000 $ 140,000 $360,000 Machine-hours 15,000 6.000 21,000 Job C-200 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $220,000 $ 260,000 $480,000 $160,000 $ 260,000 $420,000 6,000 28,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year