Dansville Industries uses job costing to calculate the costs of its jobs with direct labor cost as its manufacturing overhead allocation base. (Click the icon to view additional information.) Read the requirements. Requirement 1. What is Dansville's predetermined manufacturing overhead rate based on direct labor (DL) cost? Determine the formula to calculate Dansville's predetermined overhead rate based on direct labor costs, then calculate the rate. = Predetermined overhead rate 1. What is Dansville's predetermined manufacturing overhead rate based on direct labor cost? 2. Calculate the manufacturing overhead to be allocated based on direct labor cost to Job 371 3. What is the total cost of Job 371? The company manufactures a variety of engines for use in farm equipment. At the beginning of the current year, Dansville estimated that its overhead for the coming year would be $300,000. It also anticipated using 25,000 direct labor hours for the year. Dansville pays its employees an average of $20 per direct labor hour. Dansville just finished Job 371, which consisted of two engines for a farm equipment manufacturer. The costs and hours for this job consisted of $14.500 in direct materials used and 170 direct labor hours