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Compute predetermined overhead rate for tiger furnishings

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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                  1,000                250                1,250
Machine-hours                     4,500              2,500         7,000
Direct labor-hours                 3,000             2,000          5,000
Direct materials costs            $10,000           $3,750       $13,750
Direct labor costs                 64,500                35,500          100,000
Manufacturing overhead costs 175,000
Total costs $288,750

Problem 1: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate overhead costs.

Reference no: EM132761469

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