Delph 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		30,000		40,000		70,000
Fixed manufacturing overhead costs	$	770,000	$	290,000	$	1,060,000
Variable manufacturing overhead cost per machine-hour	$	5.80	$	5.80

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	$	377,000	$	327,000	$	704,000
Direct labor cost	$	230,000	$	140,000	$	370,000
Machine-hours		23,000		7,000		30,000

Job C-200:	Molding		Fabrication		Total
Direct materials cost	$	260,000	$	260,000	$	520,000
Direct labor cost	$	110,000	$	260,000	$	370,000
Machine-hours		7,000		33,000		40,000

Delph had no underapplied or overapplied manufacturing overhead during the year.

2. Assume Delph uses departmental predetermined overhead rates based on machine-hours.

a. Compute the departmental predetermined overhead rates.

Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.)

	Pre determined overhead rates
Molding Department		per MH
Fabrication Department		per MH

b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200.

Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places.)

	Total manufacturing cost
Job D-70
Job C-200

c. If Delph establishes bid prices that are 140% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200?

If Delph establishes bid prices that are 140% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200? (Round your intermediate calculations to 2 decimal places.)

	Bid price
Job D-70
Job C-200

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

What is Delphs cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.)

Cost of goods sold