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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

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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 Molding Fabrication Total Machine-hours 20,000 31,000 51,000 Fixed manufacturing overhead costs $740,000 $240,000 $900,000 Variable manufacturing overhead cost per machine-hour 3.00 $ 1.00 5 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 -701 Molding Fabrication total Direct materials cost $ 370,000 $320,000 5690,000 Direct labor cost $ 220,000 $100,000 $400,000 Machine-hours 14,000 6.000 20,000 Job C-2003 Direct materials cost Direct labor coat Machine-hour Holding Yabrication total $ 240,000 $200,000 $440,000 $ 120,000 $200,000 $400,000 6,000 25.000 31,000 Delph had no underapplied or overapplied manufacturing overhoed during the year Required: 1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. n. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost assigned to Job D.70 and Job C 200 c. 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 2002 d. What is Delph's cost of goods sold for the year

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