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help with blanks please $ PG Industries manufactures custom-designed playground equipment for schools and city parks. PG expected to incur $784,700 of manufacturing overhead cost,
help with blanks please $ PG Industries manufactures custom-designed playground equipment for schools and city parks. PG expected to incur $784,700 of manufacturing overhead cost, 41,300 of direct labor hours, and $908,600 of direct labor cost during the year (the cost of direct labor is $22 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During January, PG completed Job 305. The job used 160 direct labor hours and required $14,500 of direct materials. The City of Northville has contracted to purchase the playground equipment at a price of 22% over manufacturing cost. Read the requirements. First identify the formula, then calculate the predetermined overhead rate. Estimated yearly overhead costs + Estimated yearly direct labor hours = Predetermined overhead rate $ 784,700 41,300 $ 19 per hour Calculate the manufacturing cost of Job 305. Direct materials $ 14,500 Direct labor 3,520 Manufacturing overhead 3,040 Total job cost 21,060 Requirement 2. How much will the City of Northville pay for this playground equipment? (Round your answers to the nearest whole number.) Total price to charge 11 11
help with blanks please
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