1. Calculate the manufacturing cost of Job 307. 2. How much will the City of Northville pay for this playground equipment? Leisure Industries manufactures custom-designed playground equipment for schools and city parks. Leisure expected to incur $784,700 of manufacturing overhead cost, 41,300 of direct labor hours, and $1,404,200 of direct labor cost during the year (the cost of direct labor is $34 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During July, Leisure completed Job 307. The job used 170 direct labor hours and required $13,600 of direct materials. The City of Northville has contracted to purchase the playground equipment at a price of 22% over manufacturing cost. Read the requirements. Requirement 1. Calculate the manufacturing cost of Job 307. First identify the formula, then calculate the predetermined overhead rate. Predetermined overhead rate per hour