Part 1 of 3 Love It Industries manufactures custom-designed playground equipment for schools and city parks Love It expected to incur $828,000 of manufacturing overhead cost, 41.400 of direct labor hours, and $1.490 400 of direct labor cost during the year (the cost of direct labor is 536 per hour). The company allocates manufacturing overhead on the basis of direct labor hours During January Love it completed Job 305. The job uned 155 direct labor hours and required $13.900 of direct materials The City of Hamptonville has contracted to purchase the playground equipment at a price of 20% over manufacturing cost Read the requirements Requirement 1. Calculate the manufacturing cost of Job 305 First identify the formula, then calculate the predetermined overhead rate Predetermined overhead rate per hour Help me solve this Video Get more help- Clear all Check answer