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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: Total Fabrication Molding 26,000 Machine-hours 36,000 62,000 230,000 $ 700,000 $ 930,000 Fixed manufacturing overhead costs Variable manufacturing overhead 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 jobs-Job D-70 and Job C-200. It provided the following information related to those two jobs: Job D-70: Fabrication Total Molding $ 373,000 $ 326,000 $ 699,000 $ 210,000 $ 180,000 $ 390,000 20,000 Direct materials cost Direct labor cost Machine-hours 6,000 26,000 Job C-200: Molding $ 220,000 $ 250,000 $ 470,000 $ 150,000 $ 280,000 $ 430,000 6,000 Fabrication Total Direct materials cost Direct labor cost Machine-hours 30,000 36,000 Delph had no overapplied or underapplied manufacturing overhead during the year. Assume Delph uses a plantwide overhead rate based on machine-hours. Required: 1-a. Compute the predetermined plantwide overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead per MH rate 1-b. Compute the total manufacturing costs assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places.) Total manufacturing cost Job D-70 Job C-200 1-c. If Delph establishes bid prices that are 130% of total manufacturing costs, what bid price would it have established for Job D-70 and Job C-200? (Round your intermediate calculations to 2 decimal places.) Bid price Job D-70 Job C-200 1-d. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places.) Cost of goods sold

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