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: . \" Holding Fabrication . Total: j Mach ine-hou rs 21, 000 34, 000 55, 000 Fixed manufacturing overhead cost $ 740,000 $ 240,000 $ 980,000 Variable manufacturing overhead cost per machine-hour $ 4.00 $ 1.00 During the year. the company had no beginning or ending inventories and it started, completed, and sold only twojobs Job 0-70 and Job C-ZOO. it provided the following information related to those two jobs: 53'3'60' ~70 - Holding Fabrication Total Direc materials cost 5 370,000 $ 320,000 $ 690,000 Direct labor cost $ 240,000 $ 140,000 $ 380,000 Machinehours 15,000 6,000 21,000 l-Job C-200 Holding Fabrication Total Direct materials cost $ 300,000 $ 260,000 $ 560,000 Direct labor cost $ 100,000 $ 260,000 $ 360,000 Machine-hours 6,000 28,000 34,000 Delph had no underapplled or overapplied manufacturing overhead during the year. Requlred: 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 0-70 and Job C-20_O. 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 (2-200? d. What is Delph's cost of goods sold for the year