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Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the...

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Accounting

Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow:

Basic Dominator Total
Units produced 1,500 200 1,700
Machine-hours 5,000 2,000 7,000
Direct labor-hours 4,000 2,000 6,000
Direct materials costs $ 12,000 $ 3,500 $ 15,500
Direct labor costs 64,000 31,000 95,000
Manufacturing overhead costs 168,245
Total costs $ 278,745

Required:

Compute the individual product costs per unit assuming that Tiger Furnishings uses direct labor costs to allocate overhead to the products. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Basic:

Dominator:

Answer & Explanation Solved by verified expert
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