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: of 2 Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding Pabrication 31,000 41,000 $ 760,000 $ 280,000 5.60 $ 5.60 Total 72,000 $1,040,000 $ 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: bok Job D-70: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 380,000 $325,000 $ 705,000 $ 200,000 $ 120,000 $ 320,000 21,000 10,000 31,000 ences Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 250,000 $ 290,000 $540,000 $ 180,000 $ 280,000 $ 460,000 10,000 31,000 41,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Exercise 3-15 (Algo) Part 2 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 140% 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