Matrix Inc performs following job and it wants you to compute Actual Costing and Nominal Costing Based on following info:

Direct Material DM_1 DM 2 Job No 667/2019 Units Rate Cost 2000 10 400 140 Direct Labour Hours Rate Cost Skilled Workers 500 200 Unskilled Workers 2000 150 Actual Costing Job 667/2019 Cost item Direct Material Direct Labour Manufacturing Overheads total Value $ 51,250 $ 299,550 $ $ 350,800 Manufacturing Overheads of the Division Rent 300,000 Water 23,000 Electricity 100,000 Meals 100,000 Under Absorption Normal Costing Job 667/2019 Cost item Value Direct Material $ 51,250 Direct Labour $ 299,550 Manufacturing Overheads 0 Total $ 350,800 BAR 57.14 Direct Material DM_1 DM 2 Job No 667/2019 Units Rate Cost 2000 10 400 140 Direct Labour Hours Rate Cost Skilled Workers 500 200 Unskilled Workers 2000 150 Actual Costing Job 667/2019 Cost item Direct Material Direct Labour Manufacturing Overheads total Value $ 51,250 $ 299,550 $ $ 350,800 Manufacturing Overheads of the Division Rent 300,000 Water 23,000 Electricity 100,000 Meals 100,000 Under Absorption Normal Costing Job 667/2019 Cost item Value Direct Material $ 51,250 Direct Labour $ 299,550 Manufacturing Overheads 0 Total $ 350,800 BAR 57.14