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Delph Company uses job-order costing with a plantwide predetermined overhead rate based on machinehours. At the beginning of the year, the company estimated that 56,000

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Delph Company uses job-order costing with a plantwide predetermined overhead rate based on machinehours. At the beginning of the year, the company estimated that 56,000 machine-hours would be required for the period's estimated level of production. It aiso estimated $1,080,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per machine-hour. Because Delph has two manufacturing departments-Molding and Fabrication-it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following information to enable calculating departmental overhead rates: 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: Required: 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 150% of total manufacturing cost, what bid prices would it have established f 70 and Job C-200? d. What is Delph's cost of goods sold for the year? Complete this question by entering your answers in the tabs given below. Assume Delph uses departmental predetermined overhead rates based on machine-hours. What is Delph's cost of goods sol for the year? Note: Round your intermediate calculations to 2 decimal places. Round your final answer to nearest whole dollar amount

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