Compute the predetermined overhead rate

Reference no: EM132213946

Question - 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	900	400	1,300
Machine-hours	3,000	2,500	5,500
Direct labor-hours	3,900	2,900	6,800
Direct materials costs	$8,700	$3,550	$12,250
Direct labor costs	64,600	31,200	95,800
Manufacturing overhead costs			229,976
Total costs			$338,026

Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead costs.

Reference no: EM132213946

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