Selling Price per i Direct materials per unit Direct labor per unit Direct wherhours perit Estimated annual production and sales tre $121.00 $64.90 $11.20 1.4 LHS 27,000 units Pathfinder $85.00 $51.00 58.00 1. 70,000 units The company has a traditional conting 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. Estimated total manufacturing overhead titinted total direct labee hours 32,156,000 187,100 LHS Required: 1 Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing system 2. The company is considering replacing its traditional costing system with an activity based costing wystem 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): Estimated Expected Activity Activities and Activity. There Overhead coat Xtre Pathfinder Total Supporting direct labor (direct labor-hours) $ 700,700 37,800 20,000 307,100 Watch setups (sets) 237,000 380200 670 Product sustaining number of products) 640,000 1 1 Other 78,300 MA Total manufacturing overhead cost 5.2,156,000 2 Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system, 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 Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional conting system Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount) Xtreme Pathfinder Total Product margin Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two product lines appear below: Selling price per unit Direct materials per unit Direct labor per unit Direct labor-hours per unit Estimated annual production and sales Xtreme $ 121.00 $64.90 $11.20 1.4 DLHS 27,000 units Pathfinder $ 85.00 $ 51.00 $ 8.00 1. DLHS 70,000 units The company has a traditional costing system in which manufacturing overhead is applied to units based on direct lobor hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below. Estimated total manufacturing overhead Estimated total direct labor-hours $ 2,156,000 107,800 DLHS Required: 1. Compute the product margins for the Xtreme and the Pathfinder products under 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): Estimated Expected Activity Activities and Activity Measures Overhead Cost Xtreme Pathfinder Total Supporting direct labor (direct labor-hours) $ 700,700 37,800 70,000 107,500 Batch setups (setups) 737,000 330 Product sustaining number of products) 640,000 1 2 Other 78,300 NA NA Total manufacturing overhead cost $ 2,156,000 290 670 1 Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. 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 Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. (Round your intermediate calculations to 2 decimal places.) Xtreme Pathfinder Total Product margin Complete this question by entering your answers in the tabs below. Required Required 2 Required) Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate calculation to 2 decimal places and Percentage answers to 1 decimal place) Xtreme Pathfinder Total of Amount Total Amount Amount Total Amount Amount Traditional Coul System Total cost signed to products Total Pathfinder ot Amount Total Arnout Amount Total Amount Amount Activity-Based Coring System Oct out Indret Total segned to products Contagned to products Tal cost Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pomtinder. Data concerning these two product lines appear below trene Pathfinder Selling price per unit $ 121.ee $ 15.02 Direct materials per unit $64.90 $1.00 Direct labor per unit $ 11.20 $ 3.ee Diret Taherhours per unit 1.4 LHS 1. Estimated production and sales 27,000 units 70,00 units The company has a traditional costing system in which manufacturing overhead is applied to units based on direct Inbor hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below Estimated to manufacturing overhead Estimated total direct labor-hours $ 2,150,000 307,608 LHS Required 1. Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing 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 pooh (the Other cost poot includes organization custaining costs and idio capacity costs Estimated Expected Activity Activities and Activity Menures Overhead Cost Pathfinder Total Supporting direct labor direct laber-hours) $ 700,700 37,60 70,000 107,100 Batch setups (satu) 290 870 Product sustaining chuber of products) 648.000 1 Other 78,300 NA Total ansacturint overhead cost $ 2,156,000 757, 2 NA Selling Price per i Direct materials per unit Direct labor per unit Direct wherhours perit Estimated annual production and sales tre $121.00 $64.90 $11.20 1.4 LHS 27,000 units Pathfinder $85.00 $51.00 58.00 1. 70,000 units The company has a traditional conting 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. Estimated total manufacturing overhead titinted total direct labee hours 32,156,000 187,100 LHS Required: 1 Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing system 2. The company is considering replacing its traditional costing system with an activity based costing wystem 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): Estimated Expected Activity Activities and Activity. There Overhead coat Xtre Pathfinder Total Supporting direct labor (direct labor-hours) $ 700,700 37,800 20,000 307,100 Watch setups (sets) 237,000 380200 670 Product sustaining number of products) 640,000 1 1 Other 78,300 MA Total manufacturing overhead cost 5.2,156,000 2 Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system, 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 Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional conting system Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount) Xtreme Pathfinder Total Product margin Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two product lines appear below: Selling price per unit Direct materials per unit Direct labor per unit Direct labor-hours per unit Estimated annual production and sales Xtreme $ 121.00 $64.90 $11.20 1.4 DLHS 27,000 units Pathfinder $ 85.00 $ 51.00 $ 8.00 1. DLHS 70,000 units The company has a traditional costing system in which manufacturing overhead is applied to units based on direct lobor hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below. Estimated total manufacturing overhead Estimated total direct labor-hours $ 2,156,000 107,800 DLHS Required: 1. Compute the product margins for the Xtreme and the Pathfinder products under 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): Estimated Expected Activity Activities and Activity Measures Overhead Cost Xtreme Pathfinder Total Supporting direct labor (direct labor-hours) $ 700,700 37,800 70,000 107,500 Batch setups (setups) 737,000 330 Product sustaining number of products) 640,000 1 2 Other 78,300 NA NA Total manufacturing overhead cost $ 2,156,000 290 670 1 Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. 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 Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. (Round your intermediate calculations to 2 decimal places.) Xtreme Pathfinder Total Product margin Complete this question by entering your answers in the tabs below. Required Required 2 Required) Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate calculation to 2 decimal places and Percentage answers to 1 decimal place) Xtreme Pathfinder Total of Amount Total Amount Amount Total Amount Amount Traditional Coul System Total cost signed to products Total Pathfinder ot Amount Total Arnout Amount Total Amount Amount Activity-Based Coring System Oct out Indret Total segned to products Contagned to products Tal cost Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pomtinder. Data concerning these two product lines appear below trene Pathfinder Selling price per unit $ 121.ee $ 15.02 Direct materials per unit $64.90 $1.00 Direct labor per unit $ 11.20 $ 3.ee Diret Taherhours per unit 1.4 LHS 1. Estimated production and sales 27,000 units 70,00 units The company has a traditional costing system in which manufacturing overhead is applied to units based on direct Inbor hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below Estimated to manufacturing overhead Estimated total direct labor-hours $ 2,150,000 307,608 LHS Required 1. Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing 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 pooh (the Other cost poot includes organization custaining costs and idio capacity costs Estimated Expected Activity Activities and Activity Menures Overhead Cost Pathfinder Total Supporting direct labor direct laber-hours) $ 700,700 37,60 70,000 107,100 Batch setups (satu) 290 870 Product sustaining chuber of products) 648.000 1 Other 78,300 NA Total ansacturint overhead cost $ 2,156,000 757, 2 NA