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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 | 5,000 | 2,000 | 7,000 | ||||||
Direct labor-hours | 3,000 | 2,000 | 5,000 | ||||||
Direct materials costs | $ | 10,000 | $ | 4,000 | $ | 14,000 | |||
Direct labor costs | 71,000 | 38,000 | 109,000 | ||||||
Manufacturing overhead costs | 184,646 | ||||||||
Total costs | $ | 307,646 | |||||||
Required: |
Compute the individual product costs per unit assuming that Tiger Furnishings uses machine-hours to allocate overhead to the products. (Do not round intermediate calculations. Round final answers to 2 decimal places.) |
Basic (what is unit cost)
Dominator (what is unit cost)
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