E3-19A (similar to) Question Help Love It Industries manufactures custom-designed playground equipment for schools and city parks. Love It expected to incur $627,000 of manufacturing overhead cost, 41,800 of direct labor hours, and $1,254,000 of direct labor cost during the year (the cost of direct labor is $30 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During March, Love It completed Job 308. The job used 200 direct labor hours and required $15,100 of direct materials. The City of Adams has contracted to purchase the playground equipment at a price of 24% over manufacturing cost. Read the requirements Requirement 1. Calculate the manufacturing cost of Job 308. First identify the formula, then calculate the predetermined overhead rate Predetermined overhead rate z per hour i Requirements 1. Calculate the manufacturing cost of Job 308. 2. How much will the City of Adams pay for this playground equipment? Print Done