REQUIREMENT 2 needs to be answered

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:

Requirement 2. Compute the cost of Job 626 using (a) an actual-costing system and (b) a normal-costing system.

Budget for the Year Actuals for the Year $ 1,500,000 $ 1,460,000 Direct manufacturing labour costs Direct manufacturing overhead costs 2,925,000 3,139,000 2,100,000 Direct material costs 1,975,000 Requirement 1. Compute the actual and budgeted manufacturing overhead rates for the year. (Enter answers 2.15 Actual manufacturing overhead rate Budgeted manufacturing overhead rate 1.95 Requirement 2. Compute the cost of Job 626 using (a) an actual-costing system and (b) a normal costing system. (Round you Actual Costing Normal Costing Direct materials Direct manufacturing labour costs Manufacturing overhead costs Total manufacturing costs of Job 626