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 Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding Fabrication Total 22,000 34, eee 56,000 $800,000 $ 240,000 $1,040,000 $ 3.00 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 Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 370,000 $ 320,000 $690,000 $ 220,000 $140,000 $360,000 15,000 7,000 22,000 Job C-200 Molding Fabrication Total Job 200 Direct materials cost Direct labor cost Machine hours Molding Fabrication total $ 230,000 $260,000 $540,000 $160,000 $280,000 $440,000 7.000 27.000 34.000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: Assume Delph uses departmental predetermined overhead rates based on machine ine. hodis a. Compute the departmental predetermined overhead rates b. Compute the total manufacturing cost assigned to Job D.70 and Job C 200 ci 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 2009 d. What is Delph's cost of goods sold for the year