4) Douglas Corporation uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Douglas allocates manufacturing overhead costs using direct manufacturing costs. The following information is provided: Direct Material Costs - Budget $2,250,000 Direct Manufacturing Labor Costs - Budget $1,700,000 Manufacturing overhead costs - Budget $3,060,000 Direct Material Costs - Actual $2,150,000 Direct Manufacturing Labor Costs - Actual $1,650,000 Manufacturing overhead costs - Actual $3,217,500 a) Calculate the budgeted manufacturing overhead rate. b) If Job 298 has Direct Materials Used cost of $55.000, and Direct Manufacturing labor costs of $45,000. Calculate the cost of Job 298 using normal costing. 16 Points