Dansville Industries uses job costing to calculate the costs of its jobs with direct labor cost as its manufacturing overhead allocation base.

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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

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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 $$356,400.$ It also anticipated using $27,000$ direct labor hours for the year. Dansville pays its employees an average of $$24$ 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 $$16,000$ in direct materials used and $140$ direct labor hours.

Requirements

What is Dansville's predetermined manufacturing overhead rate based on direct labor cost?

Calculate the manufacturing overhead to be allocated based on direct labor cost to Job $371.$

What is the total cost of Job $371?$