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Would anyone help me with this? Please show work!

Chapter 7 Exercises/Problems Saved Help Save & Exit Submit Check my work 4 Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two product lines appear below 20 points Xtreme Selling price per unit Direct materials per unit Direct labor per unit Direct labor-hours per unit Eatimated annual production and aales 115.00 12.00 28,000 unita Pathfinder $ 85.00 $ 51.00 $ 10.00 $ 63.90 1.2 DLEB 1.0 DLHs 75,000 units eBook 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: Print Estimated total manufacturing overhead Estimated total direat labor-hours $ 2,063,400 108,600 DLHs Required: 1. Compute the product margins for the Xtreme and the Pathfinder products under the companys 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 Supporting direct labor (direct labor-houre) Batch setups (setupa) Product sustaining (nunber of products Other otal manufacturing overhead cost Overhead Cost Xtreme Pathfinder Total S673,320 33,600 5,000 240 108,600 520 520,000 790,000 80,0B0 $ 2, 063,400 280 NA 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. くPrey 4of5 Next>Complete this question by entering your answers in the tabs below. Required 1Required 2 Required 3 Compute the product margins for the Xtreme and the Pathfinder products under the companys 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 16 16 Required Required 2>Required 1Required 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 Required 1 Required 3>Required 1Required 2 Required 3 Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate calculations to 2 decimal places.) Pathfinder Total Xtreme %of %of Amount Total Amount Amount Total Amount Amount Traditional Cost System Total cost assigned to products Pathfinder Total Xtreme %of %of Amount Total Amount Amount Total Amount Amount Activity-Based Costing System Direct costs Indirect costs Total cost assigned to products Costs not assigned to products Total cost

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