Smithson Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication. The company provided the following estimates at the beginning of the year:

	Molding		Fabrication		Total
Machine-hours		28,000		38,000		66,000
Fixed manufacturing overhead costs	$	710,000	$	300,000	$	1,010,000
Variable manufacturing overhead per machine-hour	$	5.00	$	5.00

During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobsJob D-75 and Job C-100. It provided the following information related to those two jobs:

Job D-75:	Molding		Fabrication		Total
Direct materials cost	$	378,000	$	327,000	$	705,000
Direct labor cost	$	220,000	$	160,000	$	380,000
Machine-hours		19,000		9,000		28,000

Job C-100:	Molding		Fabrication		Total
Direct materials cost	$	290,000	$	260,000	$	550,000
Direct labor cost	$	140,000	$	250,000	$	390,000
Machine-hours		9,000		29,000		38,000

Smithson had no overapplied or underapplied manufacturing overhead during the year.

QUESTIONS BELOW NEED ANSWERED:

1-a. Compute the predetermined plantwide overhead rate. (Round your answer to 2 decimal places.) per MH 1-b. Compute the total manufacturing costs assigned to Job D-75 and Job C-100. (Round your intermediate calculations to 2 decimal places.) otal manufacturing cost b D-75 C-100 1-C lf Smithson establishes bid prices that are 120% of total manufacturing costs, what bid price would it have established for Job D-75 and Job C 1007(Round your intermediate calculations to 2 decimal places. Bid price b D 75 C-100 1-d. What is Smithson's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.) st of goods s