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 Holding 20,000 $.780,000 $ 4.00 Fabrication 31,000 Total $1,000 $ 200,000 $ 1.50 5 980,000 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 0-70 Direct materials cost Direct labor cost Machine-hours Joli C-200 Direct materials cost Direct labor cost Rachine-hours Holding $370,000 fabrication Total $220,000 16,000 $ 320,000 $140,000 4,000 $690,000 $360,000 20,000 Holding $ 200,000 $ 100,000 4,000 Fabrication $260,000 $300,000 27,000 Total $520,000 $400,000 31,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delon uses departmental oredetermined overhead rates based on machine-hours 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? Complete the question by entering your answers in the tabs given below. Required 1A Required 18 Required IC Required 1D) Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the departmental predetermined overhead rates. (Round the final answers to 2 decimal places.) Molding Department Fabrication Department Predetermined overtiend per MH per MH Required 18 > 4