Exercise 2-15 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 Fabrication 34,000 Molding 22,000 Total 56,000 Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour $ $ 780,000 $ 240,000 3.00 $ 1.00 $1,020,000 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: Job D-70: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 370,000 $ 320,000 $690,000 $ 220,000 $ 120,000 14,000 $340,000 8,000 22,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 280,000 $ 280,000 $ 560,000 $ 160,000 8,000 $260,000 26,000 $420,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year.