! Required information [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: Molding Fabrication 26,000 $ 750,000 Total Machine-hours 36,000 62,000 $ 200,000 $ 950,000 Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour 5.80 5.80 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: Molding Fabrication $376,000 $ 322,000 $ 698,000 $ 240,000 $ 150,000 $390 ,000 17,000 Job D-70: Total Direct materials cost Direct labor cost Machine-hours 9,000 26,000 Job C-200: Molding Fabrication $ 250,000 $ 290,000 $ 540,000 $ 140,000 $ 250,000 390,000 Total Direct materials cost Direct labor cost 36,000 Machine-hours 9,000 27,000 Delph had no underapplied or overapplied manufacturing overhead during the year 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 140% of total manufacturing cost, what bid pricess would it have established for Job D-70 and Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below