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 23,000 32,000 55,000 Fixed manufacturing overhead coat $ 760,000 $ 240,000 $ 1.000.000 Variable manufacturing overhead cont per machine-hour $ 4.00 $ 1.00 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 Molding Fabrication Total Direct materiale cont $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 160,000 $ 380,000 Machine-hours 16,000 7,000 23,000 Job C-200 Direct materials cost Direct labor cost Machine-hours Molding $ 260,000 $ 140,000 7,000 Fabrication $ 300,000 $ 240,000 25,000 Total $ 560,000 $ 380,000 32,000 Delph had no underapplied or overapplied manufacturing overhead during the year, 2. Assume Delph chooses to combine its departmental rates from requirement 1 into 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 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