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 22,000 31,000 53,000 Fixed manufacturing overhead cost $ 780,000 $ 280,000 $ 1,060,000 Variable manufacturing overhead cost per machine-hour $ 5.00 $ 2.00 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 provided 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 $ 140,000 $ 360,000 Machine-hours 14,000 8,000 22,000 Job C-200 Molding Fabrication Total Direct materials cost $ 260,000 $ 240,000 $ 500,000 Direct labor cost $ 140,000 $ 240,000 $ 380,000 Machine-hours 8,000 23,000 31,000 Delph had no underapplied or overapplied manufacturing overhead during the year. rev: 07_21_2020_QC_CS-217627, 09_03_2020_QC_CS-225692 Required: 1. 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 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?