Robinson Corporation manufactures custom cabinets for kitchens. It uses an actual costing system with two direct
cost categorieslong dashdirect materials and direct manufacturing laborlong dashand one indirect-cost pool, manufacturing overhead costs. It provides the following information for 2017.
Budgeted manufacturing overhead costs
Budgeted direct manufacturing labor-hours
Actual manufacturing overhead costs
Actual direct manufacturing labor-hours
Calculate the cost of the 32 Rooney Drive job using actual costing based on the following information:
Actual direct materials cost
Actual direct manufacturing labor
Actual direct manufacturing labor rate
Begin by calculating the actual manufacturing overhead rate.