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Park manufactures custom-designed playground equipment for schools and city parks. Park expected to incur $586,600 of manufacturing overhead cost, 41,900 of direct labour hours, and
Park manufactures custom-designed playground equipment for schools and city parks. Park expected to incur $586,600 of manufacturing overhead cost, 41,900 of direct labour hours, and $1,508,400 of direct labour cost during the year (the cost of direct labour is $36 per hour). The company allocates manufacturing overhead on the basis of direct labour hours. During May, Park completed Job 308. The job used 170 direct labour hours and required $15,400 of direct materials. The City of Jonestown has contracted to purchase the playground equipment completed in job 308 at a price of 23% over manufacturing cost. Requirements 1. Calculate the manufacturing cost of Job 308 2. How much will the City of Jonestown pay for this playground equipment? Requirement 1. Calculate the manufacturing cost of Job 308. (Round your answer to the nearest whole number.) First identify the formula, and then calculate the predetermined overhead rate. = Predetermined overhead rate = per hour Help Me Solve This Video Get More Help Clear All Check
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