Exercise 2-15 (Static) 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 Molding 20,000 $700,000 Fabrication Total Variable manufacturing overhead cost per machine-hour $ 3.00 $ 30,000 $210,000 1.00 50,000 $910,000 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 $375,000 $325,000 $700,000 $200,000 $160,000 $360,000. 14,000 6,000 20,000 Job C-2001 Direct materials cost Direct labor cost Molding Fabrication Total $300,000 $250,000 $550,000 $ 175,000 $225,000 $400,000. Machine-hours 6,000 24,000 30,000 Delph had no underapplied or overapplied manufacturing overhead during the year.