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Type or paste question here 3 Check my work 1 Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning
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3 Check my work 1 Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two product lines appear below: 1 points Selling price per unit Direct materials per unit Direct labor per unit Direct labor-hours per unit Estimated annual production and sales Xtreme $120.00 $ 63.30 $ 17.00 1.7 DLHS 22,000 units Pathfinder $ 87.00 $ 52.00 $ 10.00 1. DLHS 76,000 units Skipoed 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: eBook PO. Estimated total manufacturing overhead Estimated total direct labor-hours $ 1,927,800 113,400 DLHS Hint Print 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): References 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 $ 703, 080 37,400 76,990 113,400 480,000 220 180 400 700,000 1 1 2 44,720 NA NA NA $ 1,927,800 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. Check my work 1 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): 1 points Skipped 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 $ 703,080 37,400 76,000 113,400 480,000 220 180 400 700,000 ... 1 1 2 44,720 NA NA NA $ 1,927,800 eBook Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. Hint 3. Prepare a quantitative comparison of the traditional and activity-based cost assignments. Print Complete this question by entering your answers in the tabs below. References 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 Product margin Required Required 2 > Check my work 1 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) 1 points Skipped 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 $ 703,080 37,400 76,000 113,400 480,000 220 180 400 700,000 1 1 2 44,720 NA NA NA $ 1,927,800 eBook 00 Hint 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. Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 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 Check my work 1 Required 1 Required 2 Required 3 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.) 1 points Total Xtreme % of Amount Total Amount Pathfinder % of Amount Total Amount Skipped Amount Traditional Cost System % % % eBook % % % Total cost assigned to products Hint Xtreme Total Pathfinder % of % of Amount Total Amount Amount Total Amount Amount Print Activity-Based Costing System Direct costs: References % % % % Indirect costs: % % % % % Total cost assigned to products Costs not assigned to products: Total costStep by Step Solution
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