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 20,000 34,600 $740,000 $240,000 $ 5.00 $ 1.00 Total 54,000 $980,000 Machine-hours Fixed manufacturing overhead cost Varioble manufacturing overhead cost per machine-hour 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 Yotal Direct materials cost $ 370,000 $ 320,000 $690,000 Direct labor cost $ 240,000 $160,000 $400,000 Machine-hours 13,000 7,000 20,000 A Job C-200 Molding Fabrication Total Direct materials cost $ 300,000 $ 200,000 $500,000 Direct labor cost $ 140,000 $280,000 $420,00 Machine-hours 7.000 27,000 34,000 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