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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 Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 1,000 4,500 3,000 $10,000 64,500 Dominator 250 2,500 2,000 $ 3,750 35,500 Total 1,250 7,000 5,000 $ 13,750 100,000 175,000 $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. Basic Dominator Unit Cost 186.79 X $ 404.22
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