Destin Products uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Destin allocates manufacturing overhead costs using direct manufacturing labor costs. Destin provides the following information: (Click the icon to view the information.) Read the requirements Requirement 1. Compute the actual and budgeted manufacturing overhead rates for 2020. (Enter your answer as a number [not as a percentage] rounded to two decimal places, XXX) Actual manufacturing overhead rate Budgeted manufacturing overhead rate= Data table Budget for 2020 Actual Results for 2020 Direct material costs $ 2,100,000 $ 1,950,000 Direct manufacturing labor costs 1,650,000 1,575,000 Manufacturing overhead costs 3,052,500 3,071,250 Print Done