Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding 21,000 $ 780,000 $ 4.00 Fabrication 30,000 $ 220,000 $ 1.50 Total 51,000 $ 1,000,000 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 Molding $ 370,000 Machine-hours $ 200,000 16,000 Fabrication $ 320,000 $ 140,000 5,000 Total $ 690,000 Job C-200 Molding Direct materials cost $ 280,000 Direct labor cost Machine-hours $ 140,000 5,000 Fabrication $ 220,000 $ 220,000 25,000 $ 340,000 21,000 Total $ 500,000 $ 360,000 30,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Exercise 2-15 (Algo) Part 1 Required: 1. Assume Delph uses plantwide predetermined overhead rates 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. If Delph establishes bid prices that are 150% of total manufacturing costs, 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?