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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

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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 costs Variable manufacturing overhead cost per machine-hour Molding Fabrication 24, cee 33,000 $ 780,000 $200,000 3.00 $ 1.5e Total 57, eee $ 98,eee $ 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 $ 320,000 $ 690,000 Direct labor cost $ 240,000 $ 120,000 $ 350,000 Machine-hours 13,000 11,000 24,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 220,899 $ 240,000 $ 460,888 $ 180,00 $ 260,000 $440,000 11,000 22,000 33,880 2. 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 costs, what bid prices would it have established for Job D- 70 and Job C-200? d. What is Delph's cost of goods sold for the year

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