! 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: Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding Fabrication 21,000 33,000 $700,000 $ 220,000 $ 5.00 S 1.00 Total 54,000 $920,000 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 Molding Fabrication Total $370,000 $ 320,000 $690,000 $220,000 $ 140,000 $360,000 15,000 6,000 21,000 Direct labor cost Machine-hours Job C-200 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $260,000 $ 220,000 $480,000 $160,000 $ 300,000 $460,000 6,000 27,000 33,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 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 Delph's cost of goods sold for the year