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i More Info 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. be und cate Print Done Raymond Industries uses job costing to calculate the costs of its jobs with direct labor cost as its manufacturing overhead alocation base. Click the icon to view additional information.) Read the requirements Requirement 1. What is Raymond's predetermined manufacturing overhead rate based on direct labor (DL) cost?" Determine the formula to calculate Raymond's predetermined overhead rate based on direct labor costs, then calculate the rate. Predetermined overhead rate % of DL cost Requirement 2. Calculate the manufacturing overhead to be allocated based on direct labor cost to Job 371. Determine the formula to calculate the overhead to be allocated based on direct labor to Job 371, then calculate the manufacturing overhead alocated. (Round your answer to the nearest whole Manufacturing overhead alooated Requirement 3. What is the total.cost of Job 371? Job 371 Choose from any list or enter any number in the input fields and then continue to the next question Raymond Industries uses job costing to calculate the costs of its jobs with direct labor cost as its manufacturing overhead allc Click the icon to view additional information.) Read the requirements. Predetermined overhead rate % of DL cost Requirement 2. Calculate the manufacturing overhead to be allocated based on direct labor cost to Job 371. Determine the formula to calculate the overhead to be allocated based on direct labor to Job 371, then calculate the manufac Manufacturing overhead allocated X % Requirement 3. What is the total cost of Job 371? Job 371 Total job cost Choose from any list or enter any number in the input fields and then continue to the next

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