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 21,000 Fabrication $ 780,000 $ 5.00 35,000 $ 280,000 $ 2.00 Total 56,000 $ 1,060,000 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: Total Job D-70 Direct materials cost Direct labor cost Machine-hours Molding $ 370,000 $ 240,000 15,000 Fabrication $ 320,000 $ 180,000 6,000 $ 690,000 Molding Fabrication Job C-200 Direct materials cost $ 240,000 $ 180,000 6,000 $ 260,000 $ 260,000 29,000 Direct labor cost Machine-hours $ 420,000 21,000 Total $ 500,000 $ 440,000 35,000 Delph had no underapplied or overapplied manufacturing overhead during the year.