Destiny Products uses a job-costing system with two direct-cost categories (direct materials and directmanufacturing labor) and one manufacturing overhead cost pool. Destiny allocates manufacturing overhead costs using direct manufacturing labor costs. destiny provides the following information:

Budget for Actual Results for

Year 2006 Year 2006

Direct materials costs 1,600,000 1,450,000

Direct manufacturing labor costs 1,200,000 900,000

Manufacturing overhead costs 960,000 780,000

During March, the job cost record for job 123 contained the following information:

Direct materials used 50,000

Direct manufacturing labor costs 30,000

39 The budgeted manufacturing overhead rate for 2006 is

40 Using the actual costing system, what is the cost of Job 123?

41 Using the budgeted costing system, what is the cost of Job 123?