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Homework answers / question archive / Problem 6-52 (Algo) Product Costing (LO 6-4) Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator
Problem 6-52 (Algo) 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 Unite ha-chum:1 Machine-houre 1, 500 5,000 200 1,000 1,700 6,000 Direct labor-heirs Direct materials costs 2,000 $11, 000 1,000 $ 3,500 3,000 $ 14,500 Direct labor costs Manufacturing overhead costs 68,000 38,000 106,000 189 740 Total costs $310,240
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 your answers to 2 decimal places.