Actual costing, normal costing, accounting for manufacturing overhead. Destin Produc...

Actual costing, normal costing, accounting for manufacturing overhead. Destin Products uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Destin allocates manufacturing overhead costs using direct manufacturing labor costs. Destin provides the following information

1. Compute the actual and budgeted manufacturing overhead rates for 2014. 2. During March, the job-cost record for Job 626 contained the following information:

Compute the cost of Job 626 using (a) actual costing and (b) normal costing. 3. At the end of 2014, compute the under- or overall located manufacturing overhead under normal costing. Why is there no under- or overall located overhead under actual costing? 4. Why might managers at Destin Products prefer to use normal costing?