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Problem 6-52 (Static) Product Costing (LO 6-4) Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on
Problem 6-52 (Static) 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. Units produced Basic Dominator Total 1.000 250 1.250 Machine-hours 4,500 2,500 2.000 Direct labor-hours 3.000 2.000 5.000 Direct materials costs $10,000 $ 3,50 $ 13,750 Direct labor costs 64,500 35.500 200.000 Manufacturing overhead costs Total costs $285,750 Required: Compute the individual product costs per unit assuming that Tiger Furnishings uses direct labor costs to allocate overhead to the products (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Bask Unit Cost 187003 5 40700 Dominator Problem 6-53 (Static) 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 Units produced 1,000 250 1,250 Machine-hours 4,500 2,500 7,000 Direct labor-hours 3.000 2,000 5,000 Direct materials costs $10,000 $3,750 $ 13,750 Direct labor costs 64.500 35,500 100,000 Manufacturing overhead costs 175,000 Total costs $288,750 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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