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Question 2 (of 4) ve&Exit Subm 4.75 points Smoky Mountain Corporation makes two types of hiking boots Xtreme and the Pathfinder. Data concerning these two product lines appear below Selling price per unt 5 86.00 Direct labor-hours per unt Estimated annual production and sales 15 DLHs 31,000 units The company has a traditional costing system in which manudfacturing overhead is applied to units based on direct labor-hours. Data concening manufacturing overhead and direct labor hours for the upcoming year appear below $2,230.000 Estimated total direct labor-hours Required: . Compute the product margins for the Xtreme and the Pathfinder products under the company's tradtional costing system. (Do not round 2. The company is considering neplacing its traditional costing system with an activity-bassed costing system tat would assign its manufacturing overhead to the following four activity cost pools (the Other cost pool includes organization-sustaining costs and idle capacity costs) Supporting direct labor (direct labor-hours) Batch setups (setups) Product sustaining (umber of products) Other 724.750 65,000 Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. (Negative product margins should be indicated with a minus sign. Round your intermediate caliculations to 2 decimal places 3. Preparo a quanttative comparison of tradional and activity-based cost assignments (Do not round intermediate calculations