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I have completed everything but number 3. Help me fill out this table, please! Smoky Mountain Corporation makes two types of hiking boots-Xtreme and the
I have completed everything but number 3. Help me fill out this table, please!
Smoky Mountain Corporation makes two types of hiking boots-Xtreme and the Pathfinder. Data concerning these two product lines appear below Xtreme Pathfinder 84.00 Selling price per unit $115.00 54.00 Direct materials per unit 65.50 Direct labor per unit 13.60 8.00 1.0 DLHs 1.7 DLHs Direct labor-hours per unit Estimated annual production and sales 61,000 units 33,000 units The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below: $1,756,500 Estimated total manufacturing overhead total labor-hours 117,100 DLHs Required: 1. Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing system. (Do not round your intermediate calculations.) Pathfinder Xtreme Total Product margin 5 343,200 427,000 770,200Step by Step Solution
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