Required information Exercise 2-15 Plantwide and Departmental Predetermined Overhead Rates; Job Costs [LO2-1, LO2-2, LO2-3, LO2-4] [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 Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding Fabrication 20,000 35,000 $780,000 $240,000 4.00 $ 1.50 Total 55,000 $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-70: Direct materials cost Direct labor Machine-hours Job C-200: cost Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $370,000 $320,000 $690,000 $ 240,000 $140,000 $380,000 16,000 4,000 20,000 Molding Fabrication Total $ 280,000 $280,000 $560,000 $120,000 $ 280,000 $400,000 31,000 35,000 4,000 Delph had no underapplied or overapplied manufacturing overhead during the year.