Solution-Compute the individual product costs per unit

Compute the individual product costs per unit

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Reference no: EM132562264

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 1,250 150 1,400

Machine-hours 3,000 1,000 4,000

Direct labor-hours 3,000 1,000 4,000

Direct materials costs $8,000 $3,750 $11,750

Direct labor costs 70,000 36,000 106,000

Manufacturing overhead costs 181,684

Total costs $299,434

Required:

Question 1: 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.)

Reference no: EM132562264

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Compute the individual product costs per unit

Reference no: EM132562264

Reference no: EM132562264

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