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Evaluate the predetermined overhead rate

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Reference no: EM13515632

Predetermined Overhead Rates

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

4,000

2,000

6,000

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

 

 

174,100

Total costs

 

 

$287,850

Required

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

Reference no: EM13515632

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