Exercise 2-15 (Algo) Plantwide and Departmental Predetermined Overhead Rates; Job Costs [LO2-1, LO2-2, LO2-3, LO2-4] [The following information applies to the questions displayed below.] 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 cost Variable manufacturing overhead cost per machine-hour Molding 23,000 $780,000 $ 3.00 Fabrication Total 31,000 $ 260,000 54,000 $1,040,000 $ 2.00 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-78 Direct materials cost Direct labor cost Machine-hours Molding $ 370,000 $ 240,000 16,000 Fabrication $ 320,000 $ 120,000 7,000 Total $690,000 $ 360,000 23,000 Total