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 23,000 33,000 56,000 Fixed manufacturing overhead cost $ 700,000 $ 240,000 $ 940,000 Variable manufacturing overhead cost per machine-hour $ 3.00 $ 1.00

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 $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 180,000 $ 400,000 Machine-hours 15,000 8,000 23,000

Job C-200 Molding Fabrication Total Direct materials cost $ 240,000 $ 220,000 $ 460,000 Direct labor cost $ 180,000 $ 280,000 $ 460,000 Machine-hours 8,000 25,000 33,000

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

2. Assume Delph chooses to combine its departmental rates from requirement 1 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-200?

d. What is Delph's cost of goods sold for the year?