Actual costing, normal costing, manufacturing overhead. Destin Products uses a job¬

costing system with two direct-cost categories (direct materials and direct manufacturing labour) and one manufacturing overhead cost poll. Destin allocates manufacturing overhead costs using direct manufacturing labour costs. Destin provides the follow¬

ing information:

Budget for Actuals for Year 2007 Year 2007 Direct manufacturing labour costs $1,200,000 $1,176,000 Direct manufacturing overhead costs $2,100,000 $2,234,400 Direct materials costs $1,800,000 $1,740,000 Required 1. Compute the actual and budgeted manufacturing overhead rates for 2007.

2. During March, the cost record forJob 626 contained the following:

3.

Direct materials used Direct manufacturing labour costs

$48,000

$36,000