Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding 20,000 $740,000 $ 3.00 Fabrication 31,000 $ 220,000 $ 1.50 Total 51,000 $960,000 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 Fabrication Total $690,000 $ 380,000 20,000 Molding $370,000 $ 320,000 $220,000 Machine-hours 13,000 Job C-200 Direct materials cost Direct labor cost Machine-hours Total $ 480,000 $420,000 31,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Molding $260,000 $ 160,000 7,000 Fabrication $ 160,000 7,000 $ 220,000 $ 260,000 24,000 Exercise 2-15 (Algo) Part 1 Required: 1. Assume Delph uses departmental predetermined overhead rates based on machine-hours. a. Compute the departmental predetermined overhead rates. b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. c. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200? d. What is Delph's cost of goods sold for the year?