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 850 300 1,150
Machine-hours 4,400 2,000 6,400
Direct labor-hours 2,700 2,800 5,500
Direct materials costs $11,000 $3,450 $14,450
Direct labor costs 58,300 32,300 90,600
Manufacturing overhead costs 191,950
Total costs $297,000
Required:
Compute the predetermined overhead rate assuming that Tiger Furnishings
uses direct labor-hours to allocate overhead costs.
Pre-determined overhead rate, per direct labor hour.

Carver company produces a product which sells for $30. variable manufacturing costs are $15 per unit. fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. a selling commission of 10% of the selling price is paid on each unit sold. the contribution margin per unit is:

Which of the following statements is not correct? 1) trade allows for specialization. 2) trade has the potential to benefit all nations. 3) trade allows nations to consume outside of their production possibilities curves. 4) absolute advantage is the driving force of specialization.

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next