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 Molding Fabrication Total 23,800 32,888 55,000 Fixed manufacturing overhead costs $ 760,000 $ 240,000 $1,000,000 Variable manufacturing overhead cost per machine-hour $ 3.00 $ 1.00 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: Molding Fabrication Total Direct materials cost $ 370,000 $ 320,000 $690,000 Direct labor cost $ 240,000 $160,000 $400,000 Machine-hours 14,000 9,000 23,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 220,000 $ 240,000 5460,000 $ 120,000 $ 280,000 $400,000 9,000 23,000 32,000 Delph had no underopplied or overapplied manufacturing overhead during the year. 2. Assume Delph uses departmental predetermined overhead rates based on machine-hours, 1. 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-2002 d. What is Delph's cost of goods sold for the year