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 Fabrication Molding 22,000 $ 760,000 Total Machine-hours 32,000 54,000 $1,010,000 $ 250,000 Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour 5.90 5.90 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 $ 375,000 S 240,000 Fabrication Total 323,000 $698,000 180,000 $420,000 Direct materials cost Direct 1abor cost Machine-hours 16,000 6,000 22,000 Job C-200 Fabrication 290,000 $550,000 240,000 $ 400,000 Molding $ 260,000 $ 160,000 6,000 Total Direct materials cost Direct labor cost Machine-hours 26,000 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 oveerhead rate. b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. c. If Delph establishes bid prices that are 130% 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