i Requirements 1. Calculate the manufacturing cost of Job 308. 2. How much will the City of Hamptonville pay for this playground equipment? Print Done Park Industries manufactures custom-designed playground equipment for schools and city parks. Park 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 laboris $22 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During January, Park completed Job 308. The job used 190 direct labor hours and required $13,300 of direct materials. The City of Hamptonville has contracted to purchase the playground equipment at a price of 21% 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. 1 - Predetermined overhead rate per hour