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Smoky mountain corporation makes two types of hiking

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Reference no: EM13580834

Smoky Mountain Corporation makes two types of hiking boots%u2014Xtreme and the Pathfinder. Data concerning these two product lines appear below:


 Xtreme Pathfinder
Selling price per unit $141             $103            
Direct materials per unit $59             $45            
Direct labor per unit $36             $36            
Direct labor-hours per unit 3 DLHs    3 DLHs   
Estimated annual production 13,000 units     74,000 units    

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:
  
    
Estimated total manufacturing overhead $4,332,600           
Estimated total direct labor-hours 261,000 DLHs
  
Requirement 1:
(a)

Calculate the predetermined overhead rate.

  
Predetermined overhead rate $  
  
(b)

Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing system.

  
   Xtreme Pathfinder Total
Product margin $   $   $  

Reference no: EM13580834

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