Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding 20,000 $780,000 $5.00 Fabrication 30,000 $ 240,000 $2.00 Total 50,000 $ 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-701 Direct materials cost Total $690,000 $380,000 Direct labor cost Machine-hours Molding $370,000 $220,000 15,000 Fabrication $ 320,000 $ 160,000 5,000 20,000 Job C-200 Molding Direct materials cost $ 260,000 Fabrication $220,000 Total Direct labor cost Machine-hours $ 180,000 5,000 $ 240,000 25,000 $480,000 $420,000 30,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses plantwide predetermined overhead rates based on machine-hours. A Compute the plantwide predetermined overhead rate Re