Cradin Solutions designs Web pages for clients in the education sector. The company's job-costing system has a single direct cost category (Web-designing labor) and a single in are allocated to individual jobs based on direct labor-hours. The company employs six Web designers, Budgeted and actual information regarding Cradin Solutions follows: (Click the icon to view the data.) Read the requirements Requirement 1. Compute the direct.coat rate and the indirect cost rate per Web designing labor-hour for 2020 under (a) actual costing. (b) normal costing, and (c) the variation from Begin by identifying the formula to calculate the actual indirect-cost rate. Actul indirect-cost inte Data table Requirements $ Budget for 2020: Direct labor costs Direct labor-hours Overhead costs Actual results for 2020: Direct labor costs Direct labor hours Overhead costs 240,000 20,000 140.000 $ 1. Compute the direct cost rate and the Indirect-cost rate per Web designing labor-hour for 2020 under (a) actual costing, (b) normal costing, and (c) the variation from normal costing that uses budgeted rates for direct costs 2. Which method would you suggest Cradin Solutions use? Explain 3. Cradin Solutions' Web design for Greenville Day School was budgeted to take 80 direct labor-hours. The actual time spent on the project was 62 hours Compute the cost of the Greenville Day School job using (a) actual costing (b) normal costing, and (c) the variation from normal costing that uses budgeted rates for direct costs 5 200.000 20,000 180,000 $ Print Done Print Done Help me solve this Etext pages Get more help. The company's job-costing system has a single direct cont category (Web-designing labor) and a single Indirect cost pool composed of all overhead costs. Overhead costs my employs six Web designers, Budgeted and actual information regarding Cradin Solutions follows: per Web designing labor-hour for 2020 under (e) actual conting. (b) normal costing, and (c) the variation from normal costing that uses budgeted rates for direct costs, Actual indirect-contrato 1 Requirements 1. Compute the direct-cost rate and the Indirect-cost rate per Web-designing Inbor-hour for 2020 under (a) actual conting. (b) normal costing, and (c) the variation from normal costing that uses budgeted rates for direct costs. 2. Which method would you suggest Credin Solutions uso? Explain 3. Cradin Solutions Web design for Greenville Day School was budgeted to take 80 direct labor-hours. The actual time spent on the project was 62 hours, Compute the cost of the Greenville Day School job using (a) actual costing. (b) normal costing, and (c) the variation from normal costing that uses budgeted rates for direct costs Print Done