Stithson Company uses a job order costing system and has two manufacturing departments Molding and F iction The comary provided the following estimates at the beginning of the year Molding Fabrication Machine hour 25000 35000 Food manufacturing overhead costs $ 700000 $260000 60 DOO Variable manufacturing cvethead per machine hour $ 5.00 5 .00 During the year the commary had beginning or ending ones and the completed and cold only twojobtob and 100 novided the flowing information related to those two jabe Jobs Molding in To TODO 000 25.000 C-100 $ 5 Molding 200 OD 0000 Fabrkaton Total 220105420CCO 280000 620.000 Smithson had no overapoled or under appled manufacturing ved during the year Assume Smithson uses a plantwide overhead rate based on machine hours Required 1-a Compute the predetermined platwide overhead rate (Round your answer to 2 decimal places.) Predetermined overhead Por MIH 1-5. Comote the total manufacturing costs assigned to Job D-75 and Job C-100 Round your intermediate calculations to 2 decimal places) manufacturing Job D.75 Job C 100 1-c. If Smithson establishes bid prices that are 120% of total manufacturing costs what bid price would have established for lb D-75 and Job C-100% (Round your intermedia tid price sob 10-16 1-4. What is Smithson's Got of goods sold for the year? (Round your intermed Cost of goods sold