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 Molding Fabrication 23,000 $760,000 Total 32,000 55,000 Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour $260,000 $1,020,000 $ 5.00 $ 1.50 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 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $370,000 $320,000 $690,000 $220,000 $140,000 $360,000 16,000 7,000 23,000 Job C-2001 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 240,000 $280,000 $520,000 $ 180,000 $300,000 $480,000 7,000 25,000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 2. 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 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? Complete the question by entering your answers in the tabs given below. Required 2A Required 28 Required 2C Required 2D What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final 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 Molding Fabrication 23,000 Total 55,000 32,000 $760,000 $ 260,000 $1,020,000 5.00 $ 1.50 Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour $ 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 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $370,000 $320,000 $690,000 $220,000 $ 140,000 $360,000 16,000 7,000 23,000 Job C-2001 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 240,000 $280,000 $520,000 $ 180,000 $300,000 $480,000 7,000 25,000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses 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 cost, 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 the question by entering your answers in the tabs given below