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Charles Daze Growers accumulated actual MOH costs this year of $47,000, even though it had budgeted $53,940 of MOH. It allocates MOH based on the
Charles Daze Growers accumulated actual MOH costs this year of $47,000, even though it had budgeted $53,940 of MOH. It allocates MOH based on the direct labor hours of its workers. At the beginning of the year, it budgeted for 9,300 hours but ended up using 10,000 hours this year. Determine the following. (Round budgeted and actual MOH rate answers to 2 decimal places, eg 2.25.) (a) The budgeted MOH rate /hr. $ /hr. (b) The actual MOH rate (c) Applied MOH under actual costing $ (d) Applied MOH under normal costing
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