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 25,000 35,000 60,000
Fixed manufacturing overhead costs $ 770,000 $ 230,000 $ 1,000,000
Variable manufacturing overhead cost per machine-hour $ 5.10 $ 5.10

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: Molding Fabrication Total
Direct materials cost $ 371,000 $ 321,000 $ 692,000
Direct labor cost $ 210,000 $ 150,000 $ 360,000
Machine-hours 15,000 10,000 25,000

Job C-200: Molding Fabrication Total
Direct materials cost $ 280,000 $ 270,000 $ 550,000
Direct labor cost $ 110,000 $ 230,000 $ 340,000
Machine-hours 10,000 25,000 35,000

Delph had no underapplied or overapplied manufacturing overhead during the year.
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 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?