Required information [The following information applies to the questions displayed below] Delph Company uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 57,000 machine-hours would be required for the period's estimated level of production. It also estimated $960,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per machine-hour. Because Delph has two manufacturing departments-Molding and Fabrication-it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following information to enable calculating departmental overhead rates: Machine-hours Molding 23,000 Fabrication 34,000 Total 57,000 $ 700,000 $ 4.00 $ 260,000 $ 1.00 Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour $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 $370,000 $220,000 16,000 Fabrication $ 120,000 $160,000 7,000 Total $690,000 $380,000 23,000 Job C-200 Molding Fabrication Direct materials cost $ 300,000 $ 280,000 Direct labor cost $ 160,000 Machine-hours 7,000 $ 240,000 27,000 Total $580,000 $ 400,000 34,000) Delph had no underapplied or overapplied manufacturing overhead during the year.