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 24,000 $800,000 $5.00 Fabrication Total 34,000 $240,000 $1.50 58,000 $1,040,000 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 cont Molding $370,000 Direct labor cost Machine-hours Job C-200 Direct materials cost Direct labor cost Machine-hours Fabrication $320,000 Total $690,000 $220,000 $160,000 $380,000 17,000 7,000 24,000 Molding $260,000 100,000 7,000 27,000 Fabrication 220,000 $ 280,000 Total 480,000 $380,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses departmental predetermined overhead rates based on machine-hours. b. 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