$($The following information applies to the questions displayed below.$]$Delph Company uses job$-$order costing with a plantwide predetermined overhead rate based on machine$-$hours. At the beginning of the year, the company estimated that $53,000$ machine$-$hours would be required for the period's estimated level of production. It also estimated $$1,000,000$ of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $$4\mathrm{.}00$ per machine$-$hour.Because Delph has two manufacturing departments$-$Molding and Fabrication$--$it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine$-$hours. The company gathered the following information to enable calculating departmental overhead rates:HelpSayMachine$-$hoursFixed manufacturing overhead costVariable manufacturing overhead cost per machine$-$hourMolding$23,000$$ $740,000$$ $4\mathrm{.}00$Fabrication$30,000$$ $260,000$$ $1\mathrm{.}50$Total$53,000$$ $1,000,000$During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs$-$Job D$-70$ and Job C$-200.$ It provided the following information related to those two jobs:Job D$-70$Direct materials costDirect labor costMachine$-$hoursMolding$ $370,000$$ $220,00013,000$Fabrication$ $320,000$$ $140,00010,000$Total$ $690,000$$ $360,00023,000$Job C$-200$Direct materials costDirect labor costMachine$-$hoursMolding$ $240,000$$ $120,00010,000$Fabrication$ $240,000$$ $280,00020,000$Total$ $480,000$$ $400,00030,000$Delph had no underapplied or overapplied manufacturing overhead during the year.Required:$2.$ Assume Delph uses departmental predetermined overhead rates based on machine$-$hours.$*$ Compute the departmental predetermined overhead rates.$*$ Compute the total manufacturing cost assigned to Job D$-70$ and Job C$-200.*$ If Delph establishes bid prices that are $150\%$ of total manufacturing cost, what bid prices would it have established for Job D$-70$ and Job C$-200?*$ What is Delph's cost of goods sold for the year?$*$ Complete this question by entering your answers in the tabs given below.$*$ Required $2$A$*$ Required $2$B$*$ Required $2$C$*$ Required $2$D$*$ Assume Delph uses departmental predetermined overhead rates based on machine$-$hours. Compute the departmental predetermined overhead rates.$*$ Note: Round the final answers to $2$ decimal places.$*$ Predetermined$*$ Overhead Rates$*$ per MH$*$ Molding Department$*$ Fabrication Department$*$ Required