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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: Units
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 Machine-hours Basic Dominator Total 1,000 250 1,250 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 direct labor costs to allocate overhead to the products. (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Unit Cost Basic 179.50 Dominator: $ 405.91
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