Tent Master produces Pup tents and Pop-up tents. The company budgets $318,000 of overhead costs and 53,000 direct labor hours for this year. Additional information follows.

Per Unit	Selling Price	Direct Materials	Direct Labor
Pup tent	$ 88	$ 24	$ 49
Pop-up tent	83	27	31

Required:
1. Compute a single plantwide overhead rate assuming the company allocates overhead based on 53,000 direct labor hours.
2. Pup tents require 4 direct labor hours per unit and Pop-up tents require 3 direct labor hours per unit. Compute the overhead cost per unit for each product.
3. Compute the product cost per unit for each product.
4. For each product, compute the selling price per unit minus the product cost per unit.

Answer rating: 100% (QA)

Compute the product cost per unit for each product Pup ten... View the full answer