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Smithson Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication. The company provided the following estimates at the beginning 34,000 S

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Smithson Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication. The company provided the following estimates at the beginning 34,000 S 720000 $ 230,000$ 950,000 24.000 58,000 Feed Variable manufacturing overhead per machine-hour overhead costs S 5.00 5.00 During the year, the company had no beginning or ending inventories and it started completed, and sold only two obs Job those two jobs: 75 and C100. It provided the following information re Job Direct materials cost Direct labor cost Machine-hours s 379.000 s 330000 $ 709000 $ 230.000 40,000 $. 370000 17,000 7000 24,000 Job C-100 MoldingIl Fabrication Total Direct materials cost Direct labor cost S 200000240,000 $440,000 S 110,000 $230,000 $340000 27,000 34,000 7000 Smithson had no overapplied or underapplied manufacturing overheed during the year 1-a. Compute the predetermined plantwide overhead rate. (Round your answer to 2 decimal places) per MH 1-b. Compute the total manufacturing osts assigned to Job D-75 and Job C-100(Round your Intermediate calculations to 2 decimal places.) manufacturi Job D-75 Job C-100 1-. lf Smithson establishes bid prices that are 120% of total manufactunng costs, what bd pnce would it have established nor Jo calculations to 2 decimal places.) D-75 and Job C 1007 tound your inte ediate pri Job D-75 Job C-100 1-d. What is Smithson's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal pfaces)

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