'1 ' . Part 1 at s Q Palms. D of 20 Save Outdoor Industries manufactures customdesigned playground equipment for schools and cityr parks. Outdoor expected to incur $351500 of manufacturing overhead cost. 41,?01] of direct labor hours. and $1501.30 of direct labor cost during the year (the cost ofdirect labor is $35 per hour}. The company allocates manufacturing overhead on the basis of direct labor hours. During January. Outdoor completed Job 301. The job used 200 direct labor hours and required $13,301} of direct materials. The Cit].I of Forest Hills has contracted to purchase the playground equipment at a price of2?% over manufacturing cost. Read the Equirements. Requirement 1. Calculate the manufacturing cost of Job 301. First identify the formula. then calculate the predetermined overhead rate. I I\" I I = Predetermined overhead rate l:l-= l:l= :perhour