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 20,000 $ 700,000 $ 3.00 Fabrication 30,000 $ 210,000 Total $ 1.00 50,000 $910,000 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 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding $375,000 $ 200,000 14,000 Molding $ 300,000 $175,000 6,000 Fabrication $325,000 $ 160,000 6,000 Fabrication $ 250,000 $225,000 24,000 Total $ 700,000 $360,000 20,000 Total $550,000 $ 400,000 30,000 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-2007 d. What is Delph's cost of goods sold for the year? Job C-2007 d. What is Delph's cost of goods sold for the year? Complete this question by entering your answers in the tabs below. Required 1A Required Required 1C Required 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the depa predetermined overhead rates. Molding Department Fabrication Department Predetermined overhead rates per MH per MH Required 1A Required 18 > Complete this question by entering your answers in the tabs below. Required 1A Required 1 Required 1C Required 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. Job D-70 Job C-200 Total manufacturing cost Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 1C Required 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. 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? Job D-70 Job C-200 Bid price < Required 18 Required 1D > Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 1C Required 1D Assume Delph uses departmental predetermined overhead rates based on machine-hours. What is Delph's cost of goods sold for the year? Cost of goods sold