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All Wood Industries manufactures custom-designed playground equipment for schools and city parks. All Wood expected to incur $707,200 of manufacturing overhead cost, 41,600 of direct

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All Wood Industries manufactures custom-designed playground equipment for schools and city parks. All Wood expected to incur $707,200 of manufacturing overhead cost, 41,600 of direct labor hours, and $915,200 of direct labor cost during the year (the cost of direct labor is $22 per hour) The company allocates manufacturing overhead on the basis of direct labor hours During January, All Wood completed Job 302. The job used 165 direct labor hours and required $14,800 of direct materials. The City of Eastbridge has contracted to purchase the playground equipment at a price of 21 % over manufacturing cost Read the ceauirements Requirement 1. Calculate the manufacturing cost of Job 302 First identify the formula, then calculate the predetemined ovethead rate Estimated yearly overhead costs Esimated yearly direct labor hours Predetermined overhead rate 707200 41600 17 per hour Calculate the manufacturing cost of Job 302 Direct materials 14800 Direct labor 3630 2805 Manufacturing overhead 21235 Total job cost Requirement 2. How much wil the City of Eastbridge pay for this playground equipment? (Round your answers to the nearest whole number) Manufacturing overhead Markup Total price to charge + 21235 Choose from any list or enter any number in the input fields and then continue to the next

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