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Smoky Mountain Corporation makes two types of hiking boots - the Xtreme and the Pathfindet. Data concerning these fwo product lines appear below: The company

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Smoky Mountain Corporation makes two types of hiking boots - the Xtreme and the Pathfindet. Data concerning these fwo product lines appear below: The company has a tradtional costing system in which manufacturing overhead is applied to units based on direct labor hours. Data conceming manufacturing overhead and direct labor-hours for the upcoming year appear below. Required: 1. Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing system. 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 activity cost poois the Other cost pool includes organization-sustaining costs and idle capochy costs): Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. 3. Prepare a quantitative comparison of the traditional and activity-based cost assignments. Complete this question by entering your answers in the tabs below. Compute the product margins for the Xtreme and the Pathninder products under the company's traditional costing system. (Round your intermediete calculations to 2 decimal places and final answers to the hearest whole dollar amount.) Complete this question by entering your answers in the tabs below. Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. (Round your intermediete calculntions to 2 decimal pleces.) Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate caiculations to 2

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