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Daniel Daze Growers accumulated actual MOH costs this year of $47,430, even though it had budgeted $53,320 of MOH. It allocates MOH based on the
Daniel Daze Growers accumulated actual MOH costs this year of $47,430, even though it had budgeted $53,320 of MOH. It allocates MOH based on the direct labor hours of its workers. At the beginning of the year, it budgeted for 8,600 hours but ended up using 9,300 hours this year. Determine the following. (Round budgeted and actual MOH rate answers to 2 decimal places, e.g 2.25.) (a) The budgeted MOH rate $ /hr (b) The actual MOH rate $ /hr (c) Applied MOH under actual costing $ (d) Applied MOH under normal costing $
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