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Business, 15.04.2021 20:40 mayahgrimes

Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: BasicDominatorTotal Units produced 750 400 1,150 Machine-hours 3,300 2,600 5,900 Direct labor-hours 3,700 2,700 6,400 Direct materials costs$10,100 $3,250 $13,350 Direct labor costs 65,800 39,000 104,800 Manufacturing overhead costs 218,560 Total costs $336,710 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.)

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