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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 Total
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow Total Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs 1,000 4,000 3,400 $ 9,600 65,200 Basic Dominator 350 2,800 2,600 1,350 6,800 6,000 3,700 $ 13,300 96,300 203,660 $313,260 31,100 Total costs Required Compute the predetermined overhead rate assuming that Tiger Furnishings uses machine-hours to allocate overhead costs. (Round your answer to 2 decimal places.) Predetermined overhead rate per machine-hour
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