Help Save & Che Requirea inrormation Exercise 2-15 Plantwide and Departmental Predetermined Overhead Rates; Job Costs LO2-1, LO2-2, LO2-3, LO2-4] [The following information applies to the questions displayed below Delph Company uses a job-order costing system and has two manulacium departments-Molding and Fabrication. The company provided the following estimates at the beginning of the year: MoldingFabrication To Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour 24,000 34,000 58,000 $ 770,00e $270,000 $1,040,000 $5.20$5.20 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 Molding Fabrication Total 371,000 $ 320,000 691,000 s 240,000 5 130,900 5 379,00o Help Save &I Che During the year, the company had no beginning or ending inventories and if started, completed, and sold only two jobs-Job D-70 and Job C-200. It provided the following information related to those two jobs: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total 371,000 320,00 691,000 240,000 $ 130,00e $ 370,e00 16,000 8,00024,000 ob -200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication Total 210,000 $ 260,eee $ 470,e00 130,e00 250,0e0 380,e00 8,00026,00034,000e Exercise 2-15 Part 1 Required: 1. 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. C. If Del D-70 and Job C-200? d. What is Delph's cost of goods sold for the year? ph establishes bi d prices that are 130% of total manufacturing cost, what bid prices would it have established for Job