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Problem 6-47 Product Costing (LO 6-4) Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations
Problem 6-47 Product Costing (LO 6-4) 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 250 2,500 2,000 1,250 7,000 5,000 $10,000 3,750 13,750 35,500 100,000 175,000 $288,750 1,000 4,500 3,000 Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs 64,500 Total costs Required Compute the individual product costs per unit assuming that Tiger Furnishings uses machine-hours to allocate overhead to the products Unit Cost Basic Dominator
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