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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
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 1,000 3,800 Dominator Total 1.350 6,400 Units produced Machine-hours 350 2,600 urs S 3.600 38,900 Direct materials costs Direct labor costs 13,500 94,600 156,216 $9,900 55,700 Manufacturing overhead costs $264,316 Total costs 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 % of direct labor cost
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