[The following information applies to the questions displayed below.] Upton and Verlander Company uses a job-order costing system. Upton and Verlander has two manufacturing departments-Molding and Fabrication. Upton and Verlander provided the following estimates at the beginning of the year Molding Fabrication Total Machine - hours 26,000 36,000 62,000 Fixed manufacturing overhead costs $ 730,000 $ 210,eee $ 940,000 Variable manufacturing overhead cost per machine hour 5.50 $ 5.50 $ 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 cost Direct labor cost Machine-hours Molding Fabrication Total $ 379,000 $322,eee $701,000 $ 240,000 $ 160,eee $400,000 18, eee 8,000 26,000 Job C-200 : Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total $ 290,000 $ 260,000 $ 550,000 $ 180,000 $ 298,eee $470,000 8,000 28,000 36,000 Required: 1. Assume Upton and Verlander 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 Upton and Verlander 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 Upton and Verlander's cost of goods sold for the year