All Wood manufactures custom-designed playground equipment for schools and city parks. All Wood expected to incur $784,700 of manufacturing overhead cost, 41,300 of direct labour hours, and $908,600 of direct labour cost during the year (the cost of direct labour is $22 per hour). The company allocates manufacturing overhead on the basis of direct labour hours. During July, All Wood completed Job 308. The job used 185 direct labour hours and required $15,100 of direct materials. The City of Eastbridge has contracted to purchase the playground equipment completed in job 308 at a price of 27% over manufacturing cost. Requirements 1. Calculate the manufacturing cost of Job 308. 2. How much will the City of Eastbridge pay for this playground equipment? Requirement 1. Calculate the manufacturing cost of Job 308. (Round your answer to the nearest whole number.) First identify the formula, and then calculate the predetermined overhead rate. Estimated yearly overhead costs i Estimated yearly direct labour hours = Predetermined overhead rate 784700 / 41300 19 per hour Calculate the manufacturing cost of Job 308. Direct labour 4070 Direct materials 15100 3515 Manufacturing overhead 22685 Total job cost Requirement 2. How much will the City of Eastbridge pay for this playground equipment? (Round your answers to the nearest whole dollar.) + Total price to charge