Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two product Innes appear below. The company has a traditional costing system In which manufacturing overhead is applied 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 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 actlivty-based costing system that would assign Its manufacturing overhead to the following four actlvity cost pools (the Other cost pool Includes organization-sustaining costs and idle capacity costs): Compute the product margins for the Xtreme and the Pathfinder products under the actlivity-based costing system. 3. Prepare a quantitative comparison of the traditional and actlivity-based cost assignments