Edit View History Bookmarks Profiles Tab Window Help Chrome File Homepage X HW2 CH2 Defensive XM Inbox (9,6 x Question X 5. Go to X 480N-In X Question X (EXCEL ezto.mheducation.com/ext/map/index.html?_con-con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mhedu- Sever 6 Part 1 of 2 30 points Book 14 Print References Required information [The following information applies to the questions displayed below.) Delph Company uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 59,000 machine-hours would be required for the period's estimated level of production. It also estimated $1,040,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $5.00 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: Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Holding 24,000 $800,000 $5.00 Fabrication 35,000 Total 59,000 $1,040,000 $ 240,000 $1.50 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 Job C-200 Molding $370,000 $ 200,000 15,000 Holding $200,000 Fabrication $ 320,000 $140,000 9,000 Fabrication Total $690,000 $340,000 Total 24,000 Direct materials cost Direct labor cost $ 180,000 Machine-hours 9,000 $ 300,000 $220,000 26,000 $ 500,000 $ 400,000 35,000 Mc Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 150% 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? Complete the question by entering your answers in the tabs given below.