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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 850 350 1,200 Machine-hours Direct labor-hours Direct materials costs Direct labor costs Total costs 4,800 3,900 1,500 6,300 1,900 5,800 $ 10,800 $ 66,600 3,750 $ 14,550 37,900 104,500 Manufacturing overhead costs 205,900 $ 324,950 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate overhead costs. (Round your answer to 2 decimal places.) Predetermined overhead rate per direct labor hour
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