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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

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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 coat per nachine-hour 58,000 $790.000 290,000 1,080,000 24,000 4,000 Part 1 of 2 $ 5.70 5.70 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: points Job D-70 Molding Pabrication Total Direct materials cost 370,000 321,000 691,000 $220,000 $ 140.000 360.000 7,000 24,000 Direet labor cost Machine-hours 17,000 Print Job C-200 Molding Pabrication Total Direct materlala cost 240,000 $300,000 540,000 170,000 $ 250,000 420,000 4,000 Direct labor cost Machine-hourS 7,000 27,000 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 lf Delph establishes bid prices that are 130% 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

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