Problem 6-41 Product Costing (LO 6-4) Tiger Furnishings produces two models...
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Accounting
Problem 6-41 Product Costing (LO 6-4)
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 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 final answers to 2 decimal places.)
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