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 Tixed manufacturing overhead cont Variable manufacturing overhead cost per machine-hour Holding Fabrication Total 20,000 30,000 50,000 $ 700,000 $210,000 $910,000 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-701 Molding Yabention total Direct materials cost $375,000 325,000 6700,000 $ 200,000 160,000 $360,000 Machine-hours 14,000 6.000 20,000 Direct labor coat Job C-2007 Direct materiale cont Direct labor cost Machine-hours Holding Tabration Total $ 300,000 250,000 $350,000 $ 175,000 $225,000 $400,000 6,000 24,000 30,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 2. Assume Delph chooses to combine its departmental rates into a plantwide predetermined overhead rate based on machine-hours. a. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200 C. I 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-2007 d. What is Delph's cost of goods sold for the year