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: Basic Dominator Total Units produced Machine-hours 1,300 400 2,100 6,300 Direct labor-hours 900 4,200 3,400 $ 10,900 $ 63,400 1,800 5,200 Direct materials costs. 3,650 $ 14,550 Direct labor costs. 38,900 102,300 182,520 Manufacturing overhead costs Total costs $299,370 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.) 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 Machine-hours 1,300 400 2,100 6,300 Direct labor-hours 900 4,200 3,400 $ 10,900 $ 63,400 1,800 5,200 Direct materials costs. 3,650 $ 14,550 Direct labor costs. 38,900 102,300 182,520 Manufacturing overhead costs Total costs $299,370 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.)
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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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