Question Help Park Industries manufactures custom-designed playground equipment for schools and city parks. Park expected to incur $750,600 of manufacturing overhead cost, 41,700 of direct labor hours, and $1,584,600 of direct labor cost during the year (the cost of direct labor is $38 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During June, Park completed Job 302. The job used 155 direct labor hours and required $13,300 of direct materials. The City of Ogdenville has contracted to purchase the playground equipment at a price of 25% over manufacturing cost. Read the requirements. Requirement 1. Calculate the manufacturing cost of Job 302 First identify the formula, then calculate the predetermined overhead rate. Estimated yearly overhead costs 750,600 Calculate the manufacturing cost of Job 302. Estimated yearly direct labor hours Predetermined overhead rate 41,700 18 per hour Direct materials Direct labor Manufacturing overhead Total job cost 2,790 Requirements 1. Calculate the manufacturing cost of Job 302 2. How much will the City of Ogdenville pay for this playground equipment? Choose from any list or enter any number in the input fields and n Print Done - X la