Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data conceming these two product lines appear below: 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: 1. Compute the product margins for the Xtreme and the Pathfinder products under the company s traditional costing system.
