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: Dominator Total Basic 1,500 Units produced Machine-hours 200 1,700 5,000 2,000 7,000 Direct labor-hours 4,000 2,000 6,000 Direct materials costs Direct labor costs $10,000 $ 4,000 35,000 65,000 $ 14,000 100,000 171,600 Manufacturing overhead costs Total costs $285,600 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 Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Dominator Total Basic 1,500 Units produced Machine-hours 200 1,700 5,000 2,000 7,000 Direct labor-hours 4,000 2,000 6,000 Direct materials costs Direct labor costs $10,000 $ 4,000 35,000 65,000 $ 14,000 100,000 171,600 Manufacturing overhead costs Total costs $285,600 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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Overhead allocated to basic 17160050007000 12257143 Overhead ... View the full answer
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
Posted Date:
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