Question: Please help find the white boxes Homework (required) Question 3, E3-21A (similar to) HW Score: 25.49%, 2.29 of 9 points Part 2 of 3 Points:

Please help find the white boxes

Please help find the white boxes Homework
Homework (required) Question 3, E3-21A (similar to) HW Score: 25.49%, 2.29 of 9 points Part 2 of 3 Points: 0.29 of 1 Save PG Industries manufactures custom-designed playground equipment for schools and city parks. PG expected to incur $586,600 of manufacturing overhead cost, 41,900 of direct labor hours, and $1,592,200 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, PG completed Job 307. The job used 180 direct labor hours and required $13,900 of direct materials. The City of Southtown 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 307. First identify the formula, then calculate the predetermined overhead rate. Estimated yearly overhead costs + Estimated yearly direct labor hours = Predetermined overhead rate 586.600 41,900 per hour Calculate the manufacturing cost of Job 307. Direct materials 13,900 X Direct labor Requirements Manufacturing overhead 2,520 1. Calculate the manufacturing cost of Job 307. Total job cost 2. How much will the City of Southtown pay for this playground equipment? Print Done Clear all Check answer Get more help

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!