Solution-Find or compute the predetermined overhead rate

Find or compute the predetermined overhead rate

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Reference no: EM132633625

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	950	350	1,300
Machine-hours	3,100	1,500	4,600
Direct labor-hours	3,300	2,000	5,300
Direct materials costs	$ 10,000	$ 3,550	$ 13,550
Direct labor costs	58,600	38,600	97,200
Manufacturing overhead costs			187,090
Total costs			$ 297,840

Required:

Problem 1: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate overhead costs. (Round your answer to 2 decimal places.)

Reference no: EM132633625

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Find or compute the predetermined overhead rate

Reference no: EM132633625

Reference no: EM132633625

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