A Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year:

	Molding		Fabrication			Total
Machine-hours		23,000		33,000		56,000
Fixed manufacturing overhead costs	$	730,000	$	200,000	$	930,000
Variable manufacturing overhead cost per machine-hour	$	5.50	$	5.50

During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobsJob 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	$	374,000	$	330,000	$	704,000
Direct labor cost	$	210,000	$	130,000	$	340,000
Machine-hours		17,000		6,000		23,000

Job C-200:	Molding		Fabrication		Total
Direct materials cost	$	280,000	$	280,000	$	560,000
Direct labor cost	$	180,000	$	280,000	$	460,000
Machine-hours		6,000		27,000		33,000

The company had no underapplied or overapplied manufacturing overhead during the year.

Required:

1. Assume the compant uses 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 the company establishes bid prices that are 140% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200?

d. What is the companies cost of goods sold for the year?