Consider the following selected cost data for KYM Inc. for 2021 Budgeted manufacturing overhead (MOH)
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Consider the following selected cost data for KYM Inc. for 2021 Budgeted manufacturing overhead (MOH)
Consider the following selected cost data for KYMInc. for 2021 Budgeted manufacturing overhead (MOH)$4,180,000 Budgeted machine -hours (MH)190,000 Actual manufacturing overhead (MOH) ending balance$4,230,000 Actual Machine hours (MH)192,000 KYM job costing system has a single manufacturingoverhead cost pool (allocated using budgeted rate based on actualMH). Requirement: 1. Compute the budgeted manufacturing overhead(MOH) rate 2. Compute the actual manufacturing overhead (MOH)rate