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Business, 07.03.2020 04:58 prxncekevin

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 850 400 1,250
Machine-hours 3,700 1,100 4,800
Direct labor-hours 3,700 3,000 6,700
Direct materials costs $ 9,100 $ 3,600 $ 12,700
Direct labor costs 66,700 33,000 99,700
Manufacturing overhead costs 237,247
Total costs $ 349,647

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.)

NOTE: The answer should be % of direct labor cost, not a price.

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