Required Information [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. Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding 23,80 $ 780, eee $ 3.89 Fabrication 31,280 $ 300,eee $ 1.ee Total 54, eee $1,680,000 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 Direct labor cost Machine-hours Molding Fabrication Total $ 370,eee $ 320,eee $ 699, eee $ 220,000 $ 180,00 $ 400,000 13, eee 10,080 23,080 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 260, 280 $ 260, eee $ 520, eee $ 160,00 $ 280,00 $ 440, eee 10, eee 21,280 31,080 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 150% 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