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Item4 5points ItemSkipped Return to question Item 4 Item 4 5 points Item Skipped Tiger Furnishings produces two models of cabinets for home theater components,
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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 | 1,500 | 250 | 1,750 | ||||||
Machine-hours | 3,000 | 1,000 | 4,000 | ||||||
Direct labor-hours | 3,000 | 1,000 | 4,000 | ||||||
Direct materials costs | $ | 11,000 | $ | 3,750 | $ | 14,750 | |||
Direct labor costs | 68,000 | 34,000 | 102,000 | ||||||
Manufacturing overhead costs | 181,050 | ||||||||
Total costs | $ | 297,800 | |||||||
Required:
Compute the individual product costs per unit assuming that Tiger Furnishings uses machine-hours to allocate overhead to the products. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)
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