Playtime Industries manufactures custom-designed playground equipment for schools and oty parks, Playtime expected to our 5664,000 of manufacturing overhead cost 45.500 of director hours, and $1,577,000 of direct labor cost during the year the cost of direct laboris $38 per hour). The company locates manufacturing overhead on the basis of direct labor hours. During January, Playtime completed Job 307 The job used 175 direct labor hours and required $14.200 of direct materials. The City of Northvile 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 307. First identify the formula then calculate the predetermined overhead rate - Predetermined overhead rain per hour 1. Calculate the manufacturing cost of Job 307. 2. How much will the City of Northville pay for this playground equipment