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 costs Variable manufacturing overhead cost per machine-hour Molding 23,000 $ 740,000 6.80 Fabrication 33,000 $ 270,000 $ 6.00 Total 56,000 $1,010, eee $ During the year, the company had no beginning or ending inventories and it started, completed, and sold only twojobs- Job 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 $ 373,eee $ 324,800 $ 697,000 Direct labor cost $ 240,eee $ 130,000 $ 370,000 Machine-hours 16,000 7,000 23,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 220, eee $ 290,000 $ 510,000 $ 150, eee $ 260,000 $ 410,000 7. eee 26,000 33,888 Delph had no underapplied or overapplied manufacturing overhead during the year. 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 140% of total manufacturing costs, 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