Espinoza-Hunter Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year: Molding Fabrication Total Machine-hours 25,000 33,000 58,000 Fixed manufacturing overhead costs $ 740,000 $ 220,000 $ 960,000 Variable manufacturing overhead cost per machine-hour $ 3.00 $ 2.00 During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobsJob D-70 and Job C-200. It provided the following information related to those two jobs: Job D-70: Molding Fabrication Total Direct materials cost $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 160,000 $ 380,000 Machine-hours 14,000 11,000 25,000 Job C-200: Molding Fabrication Total Direct materials cost $ 240,000 $ 260,000 $ 500,000 Direct labor cost $ 140,000 $ 280,000 $ 420,000 Machine-hours 11,000 22,000 33,000 Espinoza-Hunter had no underapplied or overapplied manufacturing overhead during the year

Assume Espinoza-Hunter 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 Espinoza-Hunterestablishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200?

d. What is Espinoza-Hunter's cost of goods sold for the year