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Dustin Products uses a job-costing system with two direct cost categories (direct materials and direct manufacturing labour) and one manufacturing overhead cost pool. Dustin allocates
Dustin Products uses a job-costing system with two direct cost categories (direct materials and direct manufacturing labour) and one manufacturing overhead cost pool. Dustin allocates manufacturing overhead costs using direct manufacturing
labour costs. Dustin provides the following information:
Requirement 1. Compute the actual and budgeted manufacturing overhead rates for the year. (Enter answers as decimals and not percentages. Round your answers to two decimal places.)
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