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 Molding Fabrication Total Fixed manufacturing overhead cost 25,000 35,eee , ee Variable manufacturing overhead cost per machine-hour $ see,eee $ 240,00 $ 1,040,000 $ 3.00 $ 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 twojobs Job D-70 Molding Fabrication Total Direct materials cost $ 370,000 $ 320,000 5 690,000 Direct labor cost $ 200,000 $ 160, eee $360,000 Machine-hours 15,600 10, eee 25,000 Job C-200 Molding Fabrication Total Direct materials cost $ 280,000 $ 220,000 $ 500,000 Direct labor cost $ 120,000 $ 240,000 5 360, eee Machine-hours 1e, eee 25,eee 35,000 Delph had no underapplied or overapplied manufacturing overhead during the year Exercise 2-15 (Algo) Part 2 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-2002 d. What is Delph's cost of goods sold for the year