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Problem
Smoky Mountain Corporation makes two types of hiking boots-Xtreme and the Pathfinder. Data concerning these two product lines appear below: Xtreme Pathfinder Selling price per unit $ 121.00 $ 85.00 Direct materials per unit $ 64.90 $ 51.00 Direct labor per unit $ 11.20 $ 8.00 Direct labor-hours per unit 1.4 DLHs 1.0 DLHs Estimated annual production and sales 27,000 units 70,000 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 $2,156,000 Estimated total direct labor-hours 107,800 DLHs.
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)
$
700,700
37,800
70,000
107,800
Batch setups (setups)
737,000
380
290
670
Product sustaining (number of products)
640,000
1
2
Other
78,300
NA
Total manufacturing overhead cost
2,156,000
Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Do not round intermediate calculations.
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