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 21,000 31,000 $ 730,000 $300,000 $ 5.20 $ 5.20 Total 52,000 $1,030,000 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 Machine-hours Molding Fabrication Total $ 380,000 $328,000 $ 700,000 $ 250,000 $ 160,000 $ 410,000 16,000 5,000 21,000 Job C-2001 Direct materials coat Direct labor cost Machine-hours Molding Fabrication Total 250,000 $ 260,000 $ 510,000 $ 170,000 $ 240,000 $410,000 5.000 26,000 31,000 Required 28 R 2 Regine 20 Required 2A Required 28 Required 2c Required 20 2. 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 130% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-2002 d. What is Delph's cost of goods sold for the year? Screen Shot 2020-02-19 at 5.32.25 PM Complete the question by entering your answers in O Required 2A Required 2B Required 2C Required 2D Required 2A Required 28 Required 2C Required 2D Compute the departmental predetermined overhead rates. Pre determined Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate decimal places. Round your final answers to nearest whole dolar amount.) Overhead rates per MH T Molding Department Fabrication Department per MH acturing cost L Job D-70 T Job C-200 Screen S Screen Shot 2020-02-19 at 5.33.08 PM Complete the question by entering your answers in the tabs given below. Complete the question by entering your answers in Required 2A Required 2B Required 2C Required 20 Required 2A Required 2B Required 2c Required 2D If Delph establishes bid prices that are 130% of total manu D-70 and Job C-2007 (Round your intermediate calculation dollar amount.) What is Delph's cost of goods sold for the year? (Round your intermediate calculation answer to nearest whole dollar amount.) Bid price Cost of goods sold Job D-70 Job C-200