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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 Dominator Total 800 350 1,150 4,300 1,500 5,800 2,700 2,600 5,300 $ 9,400 $ 4,100 $ 13,500 65,400 33, 400 98,800 181,260 $ 293,560 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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