Problem 1-Plantwide and Departmental Predetermined Overhead Rates; Job Costs - Delph Company uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 55,000 machine-hours would be required for the period's estimated level of production. It also estimated $960,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per machine-hour. Because Delph has two manufacturing departments-Molding and Fabrication-it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following information to enable calculating departmental overhead rates: Machine-hours Molding 22,000 Fabrication Total 33,000 55,000 Fixed manufacturing overhead cost $740,000 $220,000 $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 Molding Fabrication Total $370,000 $320,000 $690,000 Direct labor cost Machine-hours 13,000 $ 240,000 $160,000 $400,000 22,000 9,000 Job C-200 Molding Fabrication Total Direct materials cost $300,000 $220,000 $520,000 Direct labor cost $160,000 $ 240,000 $400,000 9,000 24,000 33,000 Machine-hours Delph had no underapplied or overapplied manufacturing overhead during the year.