Leisure Industries manufactures custom-designed playground equipment for schools and city parts Leisure xpected to incur $863, 100 of manufacturing overhead cost, 41,100 of direct labor hours, and $1,475,000 of direct labor cost during the year he cost of direct labor is $36 per hours. The company allocates manufacturing overhead on the besis of direct labor hours During December, Leisure completed Job 307. The job used 160 direct labor hours and required $15.100 of direct materials. The City of Southtown has contracted to purchase the playground equipment at a price of 20% over manufacturing cost Read the requirements Requirement 1. Caldats the manufacturing cost of 307 First identify the formula, then cautate the predetermined overhead rate Estimated yearly overhead css 0.100 Estimated yearly de labor hours 41.100 21 Predetermined overhead rale per hour Calculate the manufacturing cost of Job 307 Direct labor Drect materials Manufacturing overhead job cost