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Shannon Corporation manufactures custom cabinets for kitchens. It uses an actual costing system with two direct cost categoriesdirect materials and direct manufacturing laborand one indirect-cost pool, manufacturing overhead costs. It provides the following information for 2017. (Click the icon to view the information for 2017.) Read the requirement. Begin by calculating the actual manufacturing overhead rate. (Assume the cost allocation base is direct labor hours.) / Actual labor hours Actual manufacturing overhead costs 1,044,000 Actual manufacturing overhead rate 36 $ / 29.000 Now calculate the cost of the 32 Mason Drive job using actual costing. Job Costs - X 32 Mason Drive Job Data Table Direct materials Direct manufacturing labor Manufacturing overhead allocated $ 1,088,000 34,000 hours Total costs Budgeted manufacturing overhead costs Budgeted direct manufacturing labor-hours Actual manufacturing overhead costs Actual direct manufacturing labor-hours $ 1,044,000 29,000 hours Print Done Done