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 23,000 31,000 54,000 Fixed manufacturing overhead coat $ 720,000 $ 280,000 $ 1,000,000 Variable manufacturing overhead cost per machine-hour $ 5.00 $ 2.00 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 $ 200,000 $ 160,000 $360,000 Machine-hours 14,000 9,000 23,000 Job C-200 Molding Fabrication Total Direct materials cost $ 260,000 $ 260,000 $ 520,000 Direct labor cost $ 120,000 $ 260,000 $ 380,000 Machine-hours 9,000 22,000 31,000 Delph had no underapplied or overopplied manufacturing overhead during the year. 2. Assume Delph chooses to combine its departmental rates from requirement into 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 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-2007 d. What is Delph's cost of goods sold for the year