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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:
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 Machine-hours Direct labor-hours 1,000 350 1,350 3,100 2,200 5,300 3,700 2,800 6,500 Direct materials costs. $ 11,300 $ 3,700 $ 15,000 Direct labor costs Total costs 69,100 35,400 104,500 Manufacturing overhead costs 221,000 $340,500 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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