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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 3,300 3,900 $10,300 62,900 Dominator 400 2,580 1,100 $ 3,450 36,600 Total 1,400 6,300 5,000 $ 13,50 99.500 172,850 $286, 100 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead costs. (Round your answer to 2 decimal places.) Predetermined on the rate % of direct labor cost
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