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 23,000 $ 720,000 $ 4.00 Fabrication 35,000 $ 280,000 $ 1.00 Total 58,000 $ 1,000,000 Direct labor cost Machine-hours Job C-200 Molding $ 370,000 $220,000 15,000 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 Fabrication $ 320,000 $ 140,000 Total $690,000 $360,000. 8,000 23,000 Direct materials cost Direct labor cost Machine-hours Total $520,000 $360,000 35,000 Delph had no underapplied or overapplied manufacturing overhead during the year.. Molding $ 260,000 Fabrication $ 100,000 8,000 $ 260,000 $ 260,000 27,000 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? d. What is Delph's cost of goods sold for the year?