smoky mountain corporation makes two types of hiking boots the extreme and the Pathfinder do you know concerning these two product lines up here below:

compute the product margins for the extreme and the Pathfinder products under the companies traditional costing system.

The company is considering replacing its traditional costing system with an activity based costing system that would assign its manufacturing overhead to the following for activity cost pools.

prepare a quantitive comparison of the traditional an activity base cost assignments.

Problem 7-17 (Algo) Comparing Traditional and Activity-Based Product Margins (L07-1, LO7-3, L07-4. LO7-5) 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 $123.00 $ 63.80 $ 10.80 1.2 DLHS 27,000 units Pathfinder $ 86.00 $ 50.00 $ 9.00 1.0 DLHS 74,000 units The company has a traditional costing system in which manufacturing overhead is applied to unlts based on direct labor-hours. Data concerning manufacturing overhead and grect labor-hours for the upcoming year appear below: Estimated total manufacturing overhead Estimated total direct labor-hours $ 2,340,800 106,400 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) $ 691,600 32,480 74,000 106,400 Batch setups (setups) 900,000 270 230 500 LURILEY HVILLIG UVEITOU dru UNELLIDUOTUISTUL ULU19 year apped Veluw. Estimated total manufacturing overhead Estimated total direct labor-hours $ 2,340,800 106,400 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): Activities and Activity Measures Supporting direct labor (direct labor-hours) Batch setups (setups) Product sustaining (number of products) Other Total manufacturing overhead cost Estimated Expected Activity Overhead Cost Xtreme Pathfinder Total $ 691,600 32,400 74,000 106,400 980,000 270 230 500 700,000 1 1 2 49,200 NA NA $ 2,340,800 NA 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 costing system. (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.) Xtreme Pathfinder Total $ 0 Product margin 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): Activities and Activity Measures Supporting direct labor (direct labor-hours) Batch setups (setups) Product sustaining number of products) Other Total manufacturing overhead cost Estimated Expected Activity Overhead Cost Xtreme Pathfinder Total $ 691,600 32,480 74,000 106,400 900,000 270 230 500 700,000 1 1 2 49,200 NA NA NA $2,340,800 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 $ 0 Product margin Check my wor Prepare a quantitative comparison of the traditional and activity-based cost assignments (Round your intermediate calculations to 2 decimal places and "Percentage" answers to 1 decimal place) Total Xtreme % of Amount Total Amount Pathfinder % of Amount Total Amount Amount Traditional Cost System % % % % Total cost assigned to products $ $ 0 $ 0 Xtreme Total % of Pathfinder % of Amount Total Amount Amount Total Amount Amount Activity Based Costing System Direct costs % Indirect costs * % % % 5 0 5 0 $ 0 Total cost assigned to products Costs not assigned to products $ 0 Total cost (Required 2