1. (TCO 4) Loin Cabinetry produces two models of home shelving
1. (TCO 4) Loin Cabinetry produces two models of home shelving, the Basic and
the Mega. Data on operations and costs for November are:
Compute the unit cost for each model, assuming Loin Cabinetry uses:
(a) direct labor hours to allocate overhead costs;
(b) direct labor costs to allocate overhead costs; and
(c) machine hours to allocate overhead costs. (Points : 30)