In 2 and 3) Required Information [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 Pixed manufacturing overhead costs Variable manufacturing overhead cont per machine-hour Molding Fabrication 23,000 33.000 $ 750,000 $ 220,000 $ 5.70 $ 5.70 Total 56.000 $970,000 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-701 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 377,000 $ 324,000 $ 701,000 $ 210,000 $ 180,000 $ 390,000 15,000 8,000 23,000 Job C-2001 Direct materials cost Direct labor cost Machine-hours Molding Tabrication Total $240,000 $200,000 $440,000 $ 120.000 $ 270,000 $ 390,000 8,000 25,000 33,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph 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. I Delph establishes bid prices that are 120% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-2007 d. What is Delph's cost of goods sold for the year