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Exam Question 5 of 6 This test: 100 point(s) possible This question: 18 point(s) possible Submit test Park manufactures custom-designed playground equipment for schools and

image text in transcribedimage text in transcribed Exam Question 5 of 6 This test: 100 point(s) possible This question: 18 point(s) possible Submit test Park manufactures custom-designed playground equipment for schools and city parks. Park expected to incur $750,600 of manufacturing overhead cost, 41,700 of direct labour hours, and $1,000,800 of direct labour cost during the year (the cost of direct labour is $24 per hour). The company allocates manufacturing overhead on the basis of direct labour hours. During September, Park completed Job 309. The job used 155 direct labour hours and required $13,900 of direct materials. The City of Adams has contracted to purchase the playground equipment completed in job 309 at a price of 21% over manufacturing cost. Requirements 1. Calculate the manufacturing cost of Job 309. 2. How much will the City of Adams pay for this playground equipment? Requirement 1. Calculate the manufacturing cost of Job 309. (Round your answer to the nearest whole number.) First identify the formula, and then calculate the predetermined overhead rate. Calculate the manufacturing cost of Job 309. Predetermined overhead rate per hour Next K Park manufactures custom-designed playground equipment for schools and city parks. Park expected to incur $750,600 of manufacturing overhead cost, 41,700 of direct labour hours, and $1,000,800 of direct labour cost during the year (the cost of direct labour is $24 per hour). The company allocates manufacturing overhead on the basis of direct labour hours. During September, Park completed Job 309. The job used 155 direct labour hours and required $13,900 of direct materials. The City of Adams has contracted to purchase the playground equipment completed in job 309 at a price of 21% over manufacturing cost. Requirements 1. Calculate the manufacturing cost of Job 309 2. How much will the City of Adams pay for this playground equipment? Total job cost Requirement 2. How much will the City of Adams pay for this playground equipment? (Round your answers to the nearest whole dollar.) Total price to charge Next

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