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 cost Variable manufacturing overhead cost per machine-hour Molding 24,000 $ 760,000 $ 5.00 Fabrication 34,000 $ 220,000 $ 1.50 Total 58,000 $ 980,000 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 Direct materials cost Molding Total Direct labor cost Machine-hours $ 370,000 $ 200,000 14,000 Molding Fabrication $ 320,000 $ 690,000 $ 160,000 10,000 $ 360,000 24,000 Total $520,000 $ 340,000 Job C-200 Fabrication Direct materials cost $ 280,000 $ 240,000 Direct labor cost Machine-hours $ 100,000 10,000 $ 240,000 24,000 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-200?