Need accurate answers fats for all the requiem please ### Activity-Based Costing Analysis#### Activities and (Activity Measures)| Activities | Estimated Overhead Cost | Expected Activity ||------------------------------------------|-------------------------|--------------------|| | | Xtreme | Pathfinder | Total || **Supporting direct labor (direct labor-hours)** | $556,000 | 51,200 | 60,000 | 111,200 || **Batch setups (setups)** | $770,000 | 430 | 340 | 770 || **Product sustaining (number of products)** | $400,000 | 1 | 1 | 2 || **Other** | $53,200 | NA | NA | NA |**Total manufacturing overhead cost**: $1,779,200---#### InstructionsCompute the product margins for Xtreme and Pathfinder under the activity-based costing system.1. **Quantitative Comparison:** Prepare a quantitative comparison of the traditional and activity-based cost assignments.#### Input Area**Complete this question by entering your answers in the tabs below.**- **Required 1**- **Required 2**- **Required 3**Compute the product margins for Xtreme and Pathfinder under the activity-based costing system.**Note:** Round your intermediate calculations to 2 decimal places.| Product Margin | Xtreme | Pathfinder | Total ||----------------|--------|------------|-------|| | | | $0 |- [ < Required 1 ] [ Required 3 > ]This section provides a structured breakdown for calculating the overhead costs associated with different activities, aiding in precise cost management. **Smoky Mountain Corporation: Product Line Cost Analysis****Overview:**Smoky Mountain Corporation manufactures two types of hiking boots—Xtreme and Pathfinder. The following data provides detailed insights into these product lines.**Product Data:**| | Xtreme | Pathfinder ||--------------------------|-------------|------------|| Selling price per unit | $115.00 | $85.00 || Direct materials per unit| $65.40 | $53.00 || Direct labor per unit | $16.00 | $10.00 || Direct labor-hours per unit | 1.6 DLHs | 1.0 DLH || Estimated annual production and sales | 32,000 units | 60,000 units |**Costing System:**The company uses a traditional costing system, allocating manufacturing overhead to units based on direct labor-hours. The projected figures for the upcoming year are:- **Estimated total manufacturing overhead:** $1,779,200- **Estimated total direct labor-hours:** 111,200 DLHs**Tasks Required:**1. **Compute Product Margins:** - Calculate product margins for Xtreme and Pathfinder using the traditional costing system.2. **Evaluate Activity-Based Costing:** - Consider an alternative costing method by replacing the traditional system with an activity-based costing system. This method would assign manufacturing overhead using the following categories: | Activities and (Activity Measures) | Estimated Overhead Cost | Expected Activity | |-------------------------------------|-------------------------|-------------------| | Supporting direct labor (DLHs) | $556,000 | Xtreme: 51,200, Pathfinder: 60,000, Total: 111,200 | | Batch setups (setups) | $770,000 | Xtreme: 430, Pathfinder: 340, Total: 770 | | Product sustaining (number of products) | $400,000 | Xtreme: 1, Pathfinder: 1, Total: 2 | | Other | $53,200 | NA | | **Total manufacturing overhead cost** | **$1,779,200** | | - Calculate product margins for Xtreme and Pathfinder using the activity-based costing system.3. **Comparison:** - Prepare a quantitative comparison between traditional and activity-based cost assignments.

Name: Need accurate answers fats for all the requiem please ### Activity-Bas
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Need accurate answers fats for all the requiem please ### Activity-Based Costing Analysis#### Activities and (Activity Measures)| Activities | Estimated Overhead Cost | Expected Activity ||------------------------------