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

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Accounting

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Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 1, ese 4,300 3,600 $10,300 63,500 Dominator 450 2,500 1,600 $ 3,850 36,200 Total 1,500 6,880 5,280 $ 14, 150 99,790 178,388 $292,158 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead costs. (Round your answer to 2 decimal places.) Predetermined overhead rate 9 of direct labor cost

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