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I'll make sure to rate you! Darby Products uses a job-costing system with two...

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Accounting

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I'll make sure to rate you!

Darby Products uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Darby allocates manufacturing overhead costs using direct manufacturing labor costs. Darby provides the following information: (Click the icon to view the information.) Read the requirements. Requirement 1. Compute the actual and budgeted manufacturing overhead rates for 2020. (Enter your answer as a number [not as a percentage] rounded to two decimal places, X.XX.) Actual manufacturing overhead rate= Budgeted manufacturing overhead rate = Requirements 1. Compute the actual and budgeted manufacturing overhead rates for 2020 . 2. During March, the job-cost record for Job 626 contained the following informatior Direct materials used $45,000$30,000 Compute the cost of Job 626 using (a) actual costing and (b) normal costing. 3. At the end of 2020 , compute the under- or overallocated manufacturing overheac under normal costing. Why is there no under- or overallocated overhead under actual costing? 4. Why might managers at Darby Products prefer to use normal costing? Data table

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