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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 Pixed manufacturing overhead coats Variable manufacturing overhead cont per machine-hour Molding Tabrication Total 23,000 34,000 57,000 $ 780,000 $280,000 $1,060,000 4.00 $ 2.00 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-703 Molding Fabrication Total Direct materials cout $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 240,000 $ 160,000 $400,000 Machine-hours 14,000 9,000 23,000 Job C-2001 Direct materials cost Direct labor cost Machine-hours Molding Fabrieation Total $ 220,000 $ 280,000 $500,000 $ 140,000 $ 240,000 $380,000 9,000 25,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year, Required: 7. 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. 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? d. What is Delph's cost of goods sold for the year?

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