You have a point there ... of course the FSM doesn't provide any clarity on the bushing itself ... Could it be a ball joint boot perhaps? AFAIK, you have identified the part as a Lower Arm Rearward Bushing per the pics below.
Front Suspension — Exploded View
Item Part Number Description
1 W705967 Wheel hub nut
2 2C300 Wheel bearing and wheel hub
3 1107 Wheel stud (also part of 1104) (5 required)
4 3K171 LH/ 3K170 RH Wheel knuckle
5 W710015 Tie-rod end nut
6 W714331 Wheel bearing and wheel hub bolt (4 required)
7 W520215 Strut-to-wheel knuckle nut
8 W710396 Strut-to-wheel knuckle flag bolt
9 3051 LH/ 3042 RH Lower control arm
10 W714890 Lower ball joint nut
11 W710174 Lower arm forward bolt
12 W520515 Lower arm rearward nuts (2 required)
13 W708848 Lower arm rearward bolt (2 required)
14 3C339 LH/ 3C403 RH Lower arm rearward bushing
Item Part Number Description
1 W713968 Stabilizer bar link upper nut
2 5B421 LH/ 5B420 RH Strut and spring assembly
3 W520215 Strut-to-wheel knuckle nut
4 W714812 Strut upper mount nut (4 required)
5 W710396 Strut-to-wheel knuckle flag bolt
6 5K484 Stabilizer bar link
Item Part Number Description
1 W505274 Stabilizer bar bracket bolts (4 required)
2 W520215 Stabilizer bar link lower nut (2 required)
3 W713968 Stabilizer bar link upper nut (2 required)
4 5482 Stabilizer bar assembly
5 5K484 Stabilizer bar link (2 required)