$2,$ LO$2-3,$ LO$2-4]$

$[$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:

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:

Delph had no underapplied or overapplied manufacturing overhead during the year. Exercise $2-15($Algo$)$ Part $1$

Required:

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$-200?$

d$.$ What is Delph's cost of goods sold for the year?