Question: Please explain. I have no idea what I am doing and or where to start. Much appreciated. Stillicum Corporation makes ultra light-weight backpacking tents. Data

 Please explain. I have no idea what I am doing and

Please explain. I have no idea what I am doing and or where to start.

Much appreciated.

Stillicum Corporation makes ultra light-weight backpacking tents. Data concerning the company's two product lines appear below: The company has a traditional costing system in which manufacturing overhead is applied to units based on direct laborhours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below: Required: 1. Determine the unit product costs of the Deluxe and Standard products under the company's traditional costing system. 2. The company is considering replacing its traditional costing system with an activity-based absorption costing system that would have the following three activity cost pools: Determine the unit product costs of the Deluxe and Standard products under the activity-based absorption costing system. Determine the unit product costs of the Deluxe and Standard products under the company's traditional costing system. (Round your intermediate calculations and final answers to 2 decimal places.) Determine the unit product costs of the Deluxe and Standard products under the activity-based absorption costing system. (Round your intermediate calculations and final answers to 2 decimal places.)

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