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please answer asap Springfield Corp. uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool.
please answer asap Springfield Corp. uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Springfield Corp. allocates manufacturing overhead costs using direct manufacturing labor costs. The following information is provided: Budget for 2020 Actual Results for 2020 Direct material costs $220,000 $200,000 Direct manufacturing labor costs 200,000 300,000 Manufacturing overhead costs 500,000 480,000 What is the actual manufacturing overhead rate for 2020? O 2.5 O 1.6 O 2.27 O 2.4
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