[The following information applies to the questions displayed below.] Delph 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 34,000 44,000 78,000 Fixed manufacturing overhead costs $ 790,000 $ 220,000 $ 1,010,000 Variable manufacturing overhead cost per machine-hour $ 6.00 $ 6.00 During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobsJob 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 $ 380,000 $ 322,000 $ 702,000 Direct labor cost $ 230,000 $ 130,000 $ 360,000 Machine-hours 24,000 10,000 34,000 Job C-200: Molding Fabrication Total Direct materials cost $ 260,000 $ 210,000 $ 470,000 Direct labor cost $ 110,000 $ 230,000 $ 340,000 Machine-hours 10,000 34,000 44,000 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 120% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200?

d. What is Delphs cost of goods sold for the year?