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James Daze Growers accumulated actual MOH costs this year of $ 3 7 , 2 0 0 , even though it had budgeted $ 4
James Daze Growers accumulated actual MOH costs this year of $ even though it had budgeted $ of MOH. It allocates MOH based on the direct labor hours of its workers. At the beginning of the year, it budgeted for hours but ended up using hours this year.
Determine the following. Round budgeted and actual MOH rate answers to decimal places, eg
a The budgeted MOH rate
$
$
b The actual MOH rate
c Applied MOH under actual costing
d Applied MOH under normal costing
hr
hr
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