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: Molding Fabrication Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour 7e,88e $730,00 $ 300,000 $1,030,000 3e,00e 40,000 $5.605.60 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 FabricationTotal 376,000 $ 325,000 701,000 $ 210,000 140,000 $ 350,000 22,800 8,000 30,000 Job C-280: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $300,000 220,000 $ 520,000 $ 140,000 $ 280,000 420,000 8,000 32,000 40,900 Delph had no underapplied or overapplied manufacturing overhead during the year Exercise 2-15 Part 1 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 120% 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