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Smoky Mountain Corporation makes two types of hiking boots - Xtreme and Pathfinder. Data concerning these two product lines appear below: Selling price per unit
Smoky Mountain Corporation makes two types of hiking boots - Xtreme and Pathfinder. Data concerning these two product lines appear below: Selling price per unit Xtreme Path Direct materials per unit $140.00 $99.0 Direct labor per unit $72.00 $53.0 Direct labor-hours per unit $24.00 $12.0 Estimated annual production and sales 20,000 uns 1. 20,00 The company has a traditional costing system that applies manufacturing overhead 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 Estimated total direct labor-hours {:[$1","980","000],[120","000" DLHs "]:} Required: Compute the product margins for Xtreme and Pathfinder under the company's tradi
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