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 21,000 31,000 52,000 Fixed manufacturing overhead costs $ 750,000 $ 270,000 $ 1,020,000 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 $ 377,000 $ 324,000 $ 701,000 Direct labor cost $ 230,000 $ 180,000 $ 410,000 Machine-hours 16,000 5,000 21,000 Job C-100: Molding Fabrication Total Direct materials cost $ 290,000 $ 290,000 $ 580,000 Direct labor cost $ 140,000 $ 290,000 $ 430,000 Machine-hours 5,000 26,000 31,000 Smithson had no overapplied or underapplied manufacturing overhead during the year. 3.value: 6.25 pointsRequired information Assume Smithson uses a plantwide overhead rate based on machine-hours. Required: 1-a. Compute the predetermined plantwide overhead rate. (Round your answer to 2 decimal places.) 1-b. Compute the total manufacturing costs assigned to Job D-75 and Job C-100. (Round your intermediate calculations to 2 decimal places.) 1-c. If 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-100? (Round your intermediate calculations to 2 decimal places.) 1-d. What is Smithsons cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.)