E4-32 (similar to) HW Score: 50 %, 2 of 4 pts Question Help Raymond Company produces pipes for concert-quality organs. Each job is unique. In Apel 2016, it completed all outstanding orders, and then, in May 2016, it worked on only two jobs, M1 and M2 (Click the icon to view the job information.) Direct manufacturing labor is paid at the rate of $30 per hour Manufacturing overhead costs are allocated at a budgeted rate of $22 per direct manufacturing labor-bour Only Job M1 was completed in May Read the requirements Requirement 1. Compute the total cost for Job M1 Job Costs May 2016 Data Table Job M1 * Direct manufacturing labor rate Direct manufacturing labor Manufacturing overhead budgeted rate Total costs Raymond Company, May 2016 Direct materia Job M1 Job M2 $ 72.000 $ 50,000 Direct manufacturing labor 276,000 207.000 Choose from any list or enter any number in the input fields and then click Check Answer Priot Done )