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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   1,250     200     1,450  
  Machine-hours   5,000     1,000     6,000  
  Direct labor-hours   3,000     2,000     5,000  
                   
  Direct materials costs $ 9,000   $ 3,500   $ 12,500  
  Direct labor costs   69,000     36,000     105,000  
  Manufacturing overhead costs               186,480  
                   
     Total costs             $ 303,980  
                   
 
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 final answers to 2 decimal places.)

  

Basic unit cost=

Dominator unit cost=

Jun 23 2020 View more View Less

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