Smoky Mountain Corporation makes two types of hiking boots - the Xtreme and the Pathfinder. Data concerning these two praduct lines appear below: The company has a traditional costing system in which manufocturing overtiead is applied to units based on direct lobor-hours. Batia concerning manufacturing overhead and direct labor tiours for the upcoming year appear below istlisated tatal eanufactaring overhead Fstimated total aliret, laber hourin 51,312,000119,500this? 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 activily cost poois (the Other cost pool includes organization sustaining costs and idle capocity costs): Compute the product margins for the Xtreme and the Pathfinder products under the activity ba Ded costing system. 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 Pathfinder products under the company's traditional casting system. (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.) Smoky Mountain Corporation makes two types of hiking boots - the Xtreme and the Pathfinder. Data concerning these two praduct lines appear below: The company has a traditional costing system in which manufocturing overtiead is applied to units based on direct lobor-hours. Batia concerning manufacturing overhead and direct labor tiours for the upcoming year appear below istlisated tatal eanufactaring overhead Fstimated total aliret, laber hourin 51,312,000119,500this? 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 activily cost poois (the Other cost pool includes organization sustaining costs and idle capocity costs): Compute the product margins for the Xtreme and the Pathfinder products under the activity ba Ded costing system. 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 Pathfinder products under the company's traditional casting system. (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.)