Dustin Products uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Dustin allocates manufacturing overhead costs using direct manufacturing labor costs. Dustin provides the following information: E: (Click the icon to view the information.) Read the requirements $ Direct material costs Direct manufacturing labor costs Manufacturing overhead costs Budget Actual Results for 2012 for 2012 2,400,000 $ 2,325,000 1,450,000 1,370,000 2,247,500 2,260,500 1. Compute the actual and budgeted manufacturing overhead rates for 2012. 2. During March, the job-cost record for Job 626 contained the following information: Direct materials used $50,000 Direct manufacturing labor costs $25,000 Compute the cost of Job 626 using (a) actual costing and (b) normal costing. 3. At the end of 2012, compute the under- or overallocated manufacturing overhead under normal costing. Why is there no under-or overallocated overhead under actual costing? 4. Why might managers at Dustin Products prefer to use normal costing