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 costs Variable manufacturing overhead cost per machine-hour Molding Fabrication 23,000 33,000 $ 750,000 $250,000 $ 5.90 $ 5.90 Total 56,000 $1,000,000 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 Direct labor cost Machine-hours Molding Fabrication total $ 379,000 $ 328,000 $ 707,000 $ 210,000 $140,000 $ 350,000 16,000 7,000 23,000 Job C-2001 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 250,000 $ 220,000 $ 470,000 $ 150,000 $ 290,000 $ 440,000 7.000 26,000 33,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph uses departmental predetermined overhead rates based on machine-hours. Comte the denartimental predetermined overhead ratae 2. 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 120% of total manufacturing costs, what bld 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