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 Total Fixed manufacturing overhead costs Molding 23,000 $760,000 Fabrication Variable manufacturing overhead cost per machine-hour $ 3.00 34,000 $240,000 $ 57,000 $1,000,000 1.00 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: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $370,000 $320,000 $690,000 $ 240,000 $160,000 $400,000 16,000 23,000 7,000 Job C-2001 Direct materials cost Direct labor cost Machine-hours Holding Fabrication Total $220,000 $280,000 $500,000 $120,000 $ 260,000 $380,000 7,000 27,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses 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 cost, 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?