Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator....
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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: Total Units produced Machine-hours Basic 1,500 Dominator 200 1,700 5,000 7,000 2,000 2,000 4,000 Direct labor-hours Direct materials costs Direct labor costs $10,000 $ 3.750 66,000 37,000 6,000 $ 13,750 103,000 175,615 $292,365 -Manufacturing overhead costs Total costs Required: Compute the individual product costs per unit assuming that Tiger Furnishings uses direct labor costs to allocate overhead to the products. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Unit Cost Basic 19.00 Dominator $ Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Total Units produced Machine-hours Basic 1,500 Dominator 200 1,700 5,000 7,000 2,000 2,000 4,000 Direct labor-hours Direct materials costs Direct labor costs $10,000 $ 3.750 66,000 37,000 6,000 $ 13,750 103,000 175,615 $292,365 -Manufacturing overhead costs Total costs Required: Compute the individual product costs per unit assuming that Tiger Furnishings uses direct labor costs to allocate overhead to the products. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Unit Cost Basic 19.00 Dominator $
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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