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Smoky Mountain Corporation makes two types of hiking boots- the Xtreme and the Pathfinder. Data concerning 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-thours. 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. Required: 2. 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 octivity cost pools (the Other cost pool includes organization-sustaining costs and idle capecity costs) Compute the product margins for the Xireme and the Pathtinder products under the activity based costing system. 3. Prepare a quantiative comparison of the traditionol and octivity-based cost ass gnments