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 $ 1.00 Total 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 Machine-hours Molding $375,000 $ 200,000 14,000 Molding $ 300,000 $175,000 Fabrication $325,000 $ 160,000 6,000 Fabrication 6,000 $ 250,000 $225,000 24,000 Total $ 700,000 $360,000 20,000 Total $550,000 $ 400,000 Direct labor cost Job C-200: Direct materials cost Direct labor cost Machine-hours 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. 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? Complete this question by entering your answers in the tabs below. Required 2A Required 2B Required 2C Required 2D Assume Delph chooses to combine its departmental rates into a plantwide predetermined overhead rate based on machine- hours. Compute the plantwide predetermined overhead rate Predetermined overhead rate per MH Required 2A Required 28 > Complete this question by entering your answers in the tabs below. Required 2A Required 2B Required 2C Required 2D Assume Delph chooses to combine its departmental rates into a plantwide predetermined overhead rate based on machine- hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. Total manufacturing cost Job D-70 Job C-200 < Required 2A Required 2C > Complete this question by entering your answers in the tabs below. Required 2A Required 2B Required 2C Required 2D Assume Delph chooses to combine its departmental rates into a plantwide predetermined overhead rate 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? Bid price Job D-70 Job C-200 Complete this question by entering your answers in the tabs below. Required 2A Required 28 Required 2C Required 2D Assume Delph chooses to combine its departmental rates into a plantwide predetermined overhead rate based on machine- hours. What is Delph's cost of goods sold for the year? Cost of goods sold < Required 2C Anquired 2D