1 00 tass Delph Company uses a job-order costing system and has two manufacturing departments-Molding...

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1 00 tass 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 Holding Tabrication Total Meteo 24,000 30,000 54,000 Fixed in overhead coat 720,000 $ 200,000 5 1,000,000 Variable manufacturing overhead cost per machine-hour 54.00 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 ob D-70 Molding Tabrication Total Direct merialu on $ 370,000 120,000 5 690,000 Direct labor cont 220,000 $ 140,000 $360,000 Macho-hours 15,000 24,000 Job C-200 Molding Fabrication Total Diret stere cost 220,000 $ 300,000 5520,000 Direct labor con $100,000 $ 280,000 $ 380,000 Machine-hour 9,000 21,000 30,000 Delph had no underapplied or overapplied manufacturing overhead during the year. 9.000 Required: 1 Assume Delph uses departmental predetermined overhead rates based on machine-hours. a Compute the departmental predetermined overhead rates. b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200 c. If 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-2007 d. What is Delph's cost of goods sold for the year

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