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 1,500 300 1,800
Machine-hours 4,000 1,000 5,000
Direct labor-hours 2,000 2,000 4,000
Direct materials costs $ 10,000 $ 4,000 $ 14,000
Direct labor costs 70,000 36,000 106,000
Manufacturing overhead costs 187,408
Total costs $ 307,408
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.)
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