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Love It Industries manufactures custom-designed playground equipment for schools and city parks. Love It expected to incur $863,100 of manufacturing overhead cost, 41,100 of direct labor hours, and $986,400 of direct labor cost during the year (the cost of direct labor is $24 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During November, Love It completed Job 302. The job used 190 direct labor hours and required $13,000 of direct materials. The City of Forest Hills has contracted to purchase the playground equipment at a price of 21% over manufacturing cost. Read the requirements. Requirement 1. Calculate the manufacturing cost of Job 302. First identify the formula, then calculate the predetermined overhead rate. \begin{tabular}{ccc} & \begin{tabular}{c} Predetermined \\ overhead rate \end{tabular} \\ & per \\ hour \end{tabular} Requirements 1. Calculate the manufacturing cost of Job 302. 2. How much will the City of Forest Hills pay for this playground equipment