Raymond Industries uses job costing to calculate the costs of its jobs with direct labor cost as its manufacturing overhead allocation base. (Click the icon to view additional information.) More Info direct labor (DL) cost? t labor costs, then calculate the rate The company manufactures a variety of engines for use in farm equipment. At the beginning of the current year, Raymond estimated that its overhead for the coming year would be $371,800. It also anticipated using 26,000 direct labor hours for the year. Raymond pays its employees an average of $22 per direct labor hour Raymond just finished Job 371, which consisted of two engines for a farm equipment manufacturer. The costs and hours for this job consisted of $13,500 in direct materials used and 180 direct labor hours. %ofDL cost r cost to Job 371. 371, then calculate the manufacturing overhead Print Done Manufacturing