Lakeland Industries uses job costing to calculate the costs of its jobs with direct labor cost as its manufacturing overhead allocation base (Click the icon to view additional information) Read the requirements Requirement 1. What is Lakeland's predetermined manufacturing overhead rate based on direct labor (DL) cost? Determine the formula to calculate Lakeland's predetermined overhead rate based on direct labor costs, then calculate the rate = Predetermined overhead rate Predetermin Estimated yearly direct labor cost Estimated yearly direct labor hours Estimated yearly overhead costs Total direct labor-Job 371 Total direct materials Job 371 CH n click Check Answer i Requirements - 1. What is Lakeland's predetermined manufacturing overhead rate based on direct labor cost? 2. Calculate the manufacturing overhead to be allocated based on direct labor cost to Job 371 3. What is the total cost of Job 371