work 14 Saved Help Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate comples 1 Exercise 2A-3 (Static) Activity-Based Absorption Costing as an Alternative to Traditional Product Costing (LO2-5) Stillicum Corporation makes ultra light-weight backpacking tents. Data concerning the company's two product lines appear below: Direct materials per unit Direct labor per unit Direct labor-hours per unit Estimated annual production Deluxe Standard $ 72.00 $ 53.00 $ 19.00 $15.20 1.0 Lt 0.0 DINO 10,000 units 50,000 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 Estimated total direct labor-hours $325,000 50,000 dalla 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: Expected Activity Estimated Ovechead Cout $ 200,000 75,000 50,000 $325,000 Activity Cost Pools and activity Measures) Supporting direct labor (direct labor-hours) Batoh setups (setups) Satety testing testa) Total manufacturing overhead cost Deluxe 10,000 200 30 Standard 40,000 100 Total 50.000 300 100 70 Determine that we final conter the shortin nam