Required Information Exercise $2-15($Algo$)$ Plantwide and Departmental Predetermined Overhead Rates; Job Costs $($LO$2-1,$ LO$2-2,$ 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: Molding Fabrication Total Machine$-$hours $24,00034,00058,000$ Fixed manufacturing overhead cost $ $780,000$ $ $260,000$ $ $1,840,000$ Variable manufacturing overhead cost per machine$-$hour $ $3\mathrm{.}00$ 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: $ $1\mathrm{.}50$ Job D$-70$ Direct materials cost Direct labor cost Machine$-$hours Molding $ $370,000$ $ $220,00016,000$ Fabrication $ $320,000$ $ $140,0008,000$ Total $ $690,000$ $$360,00024,000$ Job C$-200$ Direct materials cost Direct labor cost Machine$-$hours Molding $ $240,000$ $ $180,0008,000$ Fabrication $ $280,000$ $ $220,00026,000$ Total $ $520,000$ $ $400,00034,000$ Delph had no underapplied or overapplied manufacturing overhead during the year. Exercise $2-15($Algo$)$ Part $1$ 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$-200?$ d$.$ What is Delph's cost of goods sold for the year?