Required information Skip to question [The following information applies to the questions displayed below.] Delph Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year: Molding Fabrication Total Machine-hours 23,000 30,000 53,000 Fixed manufacturing overhead costs $ 700,000 $ 280,000 $ 980,000 Variable manufacturing overhead cost per machine-hour $ 3.00 $ 1.00 During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobsJob D-70 and Job C-200. It provide d the following information related to those two jobs: Job D-70: Molding Fabrication Total Direct materials cost $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 160,000 $ 380,000 Machine-hours 13,000 10,000 23,000 Job C-200: Molding Fabrication Total Direct materials cost $ 260,000 $ 280,000 $ 540,000 Direct labor cost $ 120,000 $ 240,000 $ 360,000 Machine-hours 10,000 20,000 30,000 Delph had no underapplied or overapplied manufacturing overhead during the year. rev: 07_13_2020_QC_CS-217627, 09_05_2020_QC_CS-224324 Required: 1. Assume Delph uses a plantwide predetermined overhead rate 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 cost, what bid prices would it have established for Job D-70 and Job C-200? d. What is Delphs cost of goods sold for the year?