Outdoor Industries manufactures custom-designed playground equipment for schools and city parks. Outdoor expected to incur $627,000 of manufacturing overhead cost, 41,800 of direct labor hours, and $1,170,400 of direct labor cost during the year the cost of direct labor is $28 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During April, Outdoor completed Job 307. The job used 185 direct labor hours and required $14,200 of direct materials. The City of Southtown has contracted to purchase the playground equipment at a price of 24% over manufacturing cost. Read the requirements Requirement 1. Calculate the manufacturing cost of Job 307. First identify the formula, then calculate the predetermined overhead rate. Predetermined overhead rate per hour Outdoor Industries manches custom designed playground equipment for schools and oty pants Outdoor expected to cut $627.000 of manufacturing overtid cost 41.000 ot ducato hours and $1,170,400 of director cost dung the year the cost of de aboris 52 per hour) The company locates manutacturing overhead on the basis of relatior hours. During Api Odos completed 307 The joined 18 Grect bor hours and required 514.200 of deect mates The Chy of Southtown has contracted to purchase the playground equipment at a price of 245 over manufacturing cost Read the remonts Requirement 1. Chemcung cost of Job 307 Festdentify the form then the predetermined overdre Predmed overhead van pero Estimated yearly direct labor costs Estimated yearly direct labor hours Estimated yearly overhead costs Total direct labor-Job #301 CH Total direct materials-Job #301 arte 1. Calculate the manufacturing cost of Job 307. 2. How much will the City of Southtown pay for this playground equipment