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 Machine-hours 23, eee 32,000 55,000 Fixed manufacturing overhead costs $ 700,000 $ 220,000 $920,000 Variable manufacturing overhead cost per machine-hour 1.00 Total $ 3.00 $ 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 Direct materials cost $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 120,000 $ 340,000 Machine-hours 17,000 6,000 23,008 Total Job C-200 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 260,000 $200,eco $ 460,000 $ 160,000 5 248,000 $400,000 6,000 26,000 32.000 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 2002 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 2B Required 20 Required 2D 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 (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Bid price Job D-70 Job C 200 $ 1.225 460 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 of Delph establishes bid prices that are 150% of total manufacturing costs, whot bid prices would it have established for Job D-70 and Job 2002 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 20 Compute the departmental predetermined Overhead rates. (Round the final answers to 2 decimal places) Molding Department Fabrication Department Pre determined overhead rates per MH per MH 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. clf 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 20 Required 20 Required 20 Compute the total manufacturing cost assigned to Job D-70 and Job C 200. (Round your intermediate calculations to 2 decimal places. Round your final answers to nearest whole dollar amount.) Total manufacturing cost JOD D-70 5 1,685,590 1225 460 Job C-200 $ 2. Assume Delph uses departinental 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 2002 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 20 Required 20 Required 2D What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places, Round your final answers to nearest whole dollar amount.) Cost of goods sold