Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the...
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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: Basic Dominator Total Units produced 850 350 1,200 Machine-hours 3,400 1,900 5,300 Direct labor-hours 2,800 2,800 5,600 Direct materials costs $ 8,600 $ 4,150 $ 12,750 Direct labor costs 68,500 31,800 100,300 Manufacturing overhead costs 192,640 Total costs $ 305,690 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate overhead costs. (Round your answer to 2 decimal places.) Predetermined overhead rate per direct labor hour
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