Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator....
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 | 1,200 | 350 | 1,550 | ||||||
| Machine-hours | 4,500 | 1,900 | 6,400 | ||||||
| Direct labor-hours | 2,700 | 2,400 | 5,100 | ||||||
| Direct materials costs | $ | 8,900 | $ | 3,800 | $ | 12,700 | |||
| Direct labor costs | 65,700 | 35,800 | 101,500 | ||||||
| Manufacturing overhead costs | 176,358 | ||||||||
| Total costs | $ | 290,558 | |||||||
Required:
Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead costs. (Round your answer to 2 decimal places.)
Homework Answers
Predetermined overhead rate = Manufacturing overhead costs / Direct labor costs
= 176358 / 101500
= $1.74 per $ of Direct labor cost
Add Answer to:
Tiger Furnishings
produces two models of cabinets for home theater components, the
Basic and the Dominator....
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator....
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 950 500 1,450 Machine-hours 4,000 1,100 5,100 Direct labor-hours 2,700 1,300 4,000 Direct materials costs $ 10,500 $ 3,650 $ 14,150 Direct labor costs 57,700 34,300 92,000 Manufacturing overhead costs 137,600 Total costs $ 243,750 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate overhead...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator....
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic Dominator Total 1,150 400 1,550 4,200 1,70€ 5,900 3,800 1,500 5,300 $11,700 $ 3,400 $ 15,100 61,300 34,800 96,100 182,850 $294,050 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate overhead costs. (Round...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator....
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 1,150 400 1,550 Machine-hours 4,200 1,600 5,800 Direct labor-hours 3,900 1,900 5,800 Direct materials costs $ 8,400 $ 3,250 $ 11,650 Direct labor costs 61,200 35,300 96,500 Manufacturing overhead costs 202,594 Total costs $ 310,744 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on ope...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 850 3,500 3,500 $11,300 74,300 Dominator 400 1,600 2,900 $ 3,350 37,400 Total 1,250 5,100 6,400 $ 14,650 111,700 225, 216 $351,566 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator....
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 1,150 450 1,600 Machine-hours 3,700 1,700 5,400 Direct labor-hours 2,700 2,100 4,800 Direct materials costs $ 8,200 $ 3,400 $ 11,600 Direct labor costs 66,400 40,000 106,400 Manufacturing overhead costs 168,000 Total costs $ 286,000 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate overhead...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator....
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 950 300 1,250 Machine-hours 3,100 3,000 6,100 Direct labor-hours 2,900 2,800 5,700 Direct materials costs $ 11,400 $ 3,800 $ 15,200 Direct labor costs 73,100 39,200 112,300 Manufacturing overhead costs 199,956 Total costs $ 327,456 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator....
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 950 400 1,350 Machine-hours 3,100 2,700 5,800 Direct labor-hours 3,000 2,000 5,000 Direct materials costs $ 8,400 $ 4,100 $ 12,500 Direct labor costs 55,700 33,800 89,500 Manufacturing overhead costs 164,720 Total costs $ 266,720 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses machine-hours to allocate overhead costs....
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator....
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 900 300 1,200 Machine-hours 4,500 2,100 6,600 Direct labor-hours 3,000 2,300 5,300 Direct materials costs $ 9,700 $ 3,750 $ 13,450 Direct labor costs 56,500 39,600 96,100 Manufacturing overhead costs 184,440 Total costs $ 293,990 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate overhead...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator....
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 1,250 4,000 3,000 $10,000 70,000 Dominator 300 2,000 2,000 $ 3,750 34,000 Total 1,550 6,000 5,000 $ 13,750 104,000 177,112 $ 294,862 Required: Compute the individual product costs per unit assuming that Tiger Furnishings uses direct labor costs to...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator....
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic Dominator Total 800 350 1,150 4,300 1,500 5,800 2,700 2,600 5,300 $ 9,400 $ 4,100 $ 13,500 65,400 33, 400 98,800 181,260 $ 293,560 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic Dominator Total 1,150 400 1,550 4,200 1,70€ 5,900 3,800 1,500 5,300 $11,700 $ 3,400 $ 15,100 61,300 34,800 96,100 182,850 $294,050 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate overhead costs. (Round...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 850 3,500 3,500 $11,300 74,300 Dominator 400 1,600 2,900 $ 3,350 37,400 Total 1,250 5,100 6,400 $ 14,650 111,700 225, 216 $351,566 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 1,250 4,000 3,000 $10,000 70,000 Dominator 300 2,000 2,000 $ 3,750 34,000 Total 1,550 6,000 5,000 $ 13,750 104,000 177,112 $ 294,862 Required: Compute the individual product costs per unit assuming that Tiger Furnishings uses direct labor costs to...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic Dominator Total 800 350 1,150 4,300 1,500 5,800 2,700 2,600 5,300 $ 9,400 $ 4,100 $ 13,500 65,400 33, 400 98,800 181,260 $ 293,560 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate...
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