Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

o Malate Artega Car AC Malate - Salon Dashond Question 1 - HW 7 - Connect mheducation.com/mondo - ved Help Save & Exit Sub Check

image text in transcribed
image text in transcribed
image text in transcribed
o Malate Artega Car AC Malate - Salon Dashond Question 1 - HW 7 - Connect mheducation.com/mondo - ved Help Save & Exit Sub Check my work Smoky Mountain Corporation makes two types of hiking boots--the Xtreme and the Pathfinder. Data concerning these two product Ines appear below XD Patheindec Selling price per unit $120.00 $89.00 Direct matpurit 13.30 52.00 Direct labor part 17.00 $10.00 Director hours per 1.7 1. Du timated production and sales 22.000 unit 76.000unit 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 Et sted total wanutacturing overhead $1.927,800 Tatiated total direct laborum 113.400 Required: 1. Compute the product margins for the Xtreme and the Pathfinder products und the company's traditional costing system 2. The company is considering replacing its traditional costing system with an activity based costing system that would assign its manufacturing overhead to the following four activity cost pools (the Other cost pool includes organization sustaining costs and idle capacity costs) Activities and they Supporto direct labor direct labore Batohte Product staining number of products) other Total manufacturing overbed bot. mainted Overhead 70,000 480,000 100,000 46.220 5 1.927.00 Expected Nutivity Pathfinderrota 17.400 76,000 13,400 220 180 400 1 1 2 MA NA Compute the product margins for the Xtreme and the Pathfinder products under the activity based costing system 3. Prepare a quantitative companion of the traditional and activity based cont assignments Pray 1or 4 Next > Question 1 - mheducation.com Help Sav 3. Prepare a quantitative comparison of the traditional and activity-based cost assignments. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate calculat decimal places and "Percentage" answers to 1 decimal place. Xtreme % of Total Pathfinder % of Total Amount Amount Total Amount Amount Amount Traditional Cost System Total cost assigned to products Xtreme Pathfinder % of Total Amount Amount ol Total Amount Total Amount Amount Activity-Based Costing System Direct costs: Prey 1 of 4 !!! Next > Question 1. HW 7 O NA zto.mheducation.com Help Save C Total Amou Amount Total Amount Amount Tota Amount Traditional Cost System Total cost assigned to products Xtreme Pathfinder Total Amount % of Total Amount of Total Amount Amount Amount ces Activity Based Costing System Direct costs Indirect costs Total cost assigned to products Costs not assigned to products Total cost Prey 1 of 4 !! Next >

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Tax Audit Approach And Due Diligence Related To Tax Credits

Authors: Mohamed Ben Sassi

1st Edition

6204246941, 978-6204246949

More Books

Students also viewed these Accounting questions

Question

Organizing Your Speech Points

Answered: 1 week ago