Park Industries manufactures custom-designed playground equipment for schools and city parks. Park expected to incur $707,200 of manufacturing overhead cost, 41,600 of direct labor hours, and $832,000 of direct labor cost during the year (the cost of direct labor is $20 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During June, Park completed Job 304. The job used 175 direct labor hours and required $13,000 of direct materials. The City of Forest Hills 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 304. First identify the formula, then calculate the predetermined overhead rate