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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 4,000 3,000 $ 8,000 56,000 Dominator 150 2,000 2,000 $ 3,750 39,000 Total 1,150 6,000 5,000 $ 11,750 95,000 162, 165 $268,915 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 your final answers to 2 decimal places.) Unit Cost Basic Dominator
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