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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 | Dominator | Total | |||||||
Units produced | 1,250 | 250 | 1,500 | ||||||
Machine-hours | 3,000 | 2,000 | 5,000 | ||||||
Direct labor-hours | 3,000 | 1,000 | 4,000 | ||||||
Direct materials costs | $ | 10,000 | $ | 3,750 | $ | 13,750 | |||
Direct labor costs | 58,000 | 37,000 | 95,000 | ||||||
Manufacturing overhead costs | 160,740 | ||||||||
Total costs | $ | 269,490 | |||||||
Required: Compute the individual product costs per unit assuming that Tiger Furnishings uses direct labor costs to allocate overhead to the products. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Unit Cost | |
Basic | |
Dominator |
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