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 1,250 300 1,550 machine-hours 4,000 2,000 6,000 direct labor-hours 3,000 2,000 5,000 direct materials costs $ 10,000 $ 3,500 $ 13,500 direct labor costs 66,000 36,000 102,000 manufacturing overhead costs 173,298 total costs $ 288,798 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.)

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?