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 25,000 $740,000 $ 4.00 Fabrication 35,000 $220,000 $ 1.50 Total 60,000 $ 960,000 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 Molding Fabrication Total $ 320,000 $ 140,000 11,000 $690,000 $340,000 25,000 ences Job C-200 Direct materials cost Direct labor cost Machine-hours Total $ 560,000 $480,000 35,000 Delph had no underapplied or overapplied manufacturing overhead during the year. $ 370,000 $ 200,000 14,000 Holding Fabrication $ 280,000 $ 280,000 $ 180,000 11,000 $ 300,000 24,000 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?