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[The following information applies to the questions displayed below.) Delph Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication. The company

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[The following information applies to the questions displayed below.) Delph Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication. The company provided the following estimates at the beginning of the year: Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding 23,000 $ 740,000 $ 6.00 Fabrication Total 33,000 56,000 $ 270,000 $1,010,000 $ 6.00 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: Molding Fabrication Total Direct materials cost $ 373,000 $ 324,800 $ 697,000 Direct labor cost $ 240,000 $ 130,00 $ 370, Machine-hours 16,000 7,000 23,000 Job C-200 : Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 220,000 $ 290,000 $ 510,000 $ 150,000 $ 260,000 $ 410,000 7,000 26,000 33,000 Delph had no underapplied or overapplied manufacturing overhead during the year Required: 1. Assume Delph uses a plantwide predetermined overhead rate based on machine hours. a. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200, c. If Delph establishes bid prices that are 140% of total manufacturing cost, what bid prices would it have established for Job D 70 and D.70'and Job C 200? d. What is Delph's cost of goods sold for the year

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