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Complete this question by entering your answers in the tabs below. Compute the product margins Xtreme and Pathfinder under the activity-based costing system. Note: Round

image text in transcribedimage text in transcribedimage text in transcribed Complete this question by entering your answers in the tabs below. Compute the product margins Xtreme and Pathfinder under the activity-based costing system. Note: Round your intermediate calculations to 2 decimal places. 3. Prepare a quantitative comparison of the traditional and actlvity-based cost assignments. Complete this question by entering your answers in the tabs below. Prepare a quantitative comparison of the traditional and activity-based cost assignments. Note: Round your intermediate calculations to 2 decimal places and "Percentage" answers to 1 decimal place. Problem 7-17 (Algo) Comparing Traditional and Activity-Based Product Margins [LO7-1, LO7-3, LO7-4, L07-5] Smoky Mountain Corporation makes two types of hikng boots-Xtreme and Pathfinder. Data concerning these two product IInes appear below: The company has a traditional costing system that applies manufacturing overhead to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below: Required: 1. Compute the product margins for Xtreme and Pathfinder under the company's traditional costing system. 2. The company is considering replacing its traditional costing system with an actlvity-based costing system that would assign its manufacturing overhead to the following four activity cost pools (the Other cost pool Includes organization-sustalning costs and Idl capacity costs): Compute the product margins for Xtreme and Pathfinder under the actlvity-based costling system. 3. Prepare a quantltatlve comparison of the traditional and actlvity-based cost assignments. Complete this question by entering your answers in the tabs below. Compute the product margins for Xtreme and Pathfinder under the company's traditional costing system. Note: Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount

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