Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two product lines 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 activity-based costing system that would assign its manufacturing overhead to the following four activity 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 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 activity-based costing system. (Round your intermediate calculations to 2 decimal places.) \begin{tabular}{|c|c|c|c|c|c|c|} \hline & \multicolumn{2}{|c|}{ Xtreme } & \multicolumn{3}{|c|}{ Pathfinder } & Total \\ \hline & \multirow[b]{2}{*}{ Amount } & % of & & \multicolumn{2}{|l|}{% of } & \\ \hline & & Total Amount & Amount & Total Amount & & Amount \\ \hline \multicolumn{7}{|l|}{\begin{tabular}{l} Traditional Cost System \\ Direct materials \end{tabular}} \\ \hline Direct materials & & % & & & % & \\ \hline Direct labor & = & % & & % & & \\ \hline Manufacturing overhead & & % & & & % & \\ \hline \multirow{4}{*}{ Total cost assigned to products } & $ & +1 & 0 & & & $ \\ \hline & \multicolumn{2}{|c|}{ Xtreme } & \multicolumn{3}{|c|}{ Pathfinder } & Total \\ \hline & & % of & & \multicolumn{2}{|l|}{% of } & \\ \hline & Amount & Total Amount & Amount & \multicolumn{2}{|l|}{ Total Amount } & Amount \\ \hline Activity-Based Costing System & & & + & & & \\ \hline Direct costs: & & & + & & & \\ \hline Direct labor & & % & & & % & \\ \hline Direct materials & & % & & & % & \\ \hline \multicolumn{7}{|l|}{ Indirect costs: } \\ \hline Supporting direct labor & & % & & & % & \\ \hline Batch setups & & % & + & & % & \\ \hline Product sustaining & & % & & . & % & \\ \hline Total cost assigned to products & 0 & & 0 & & & 0 \\ \hline \multicolumn{7}{|l|}{ Costs not assigned to products: } \\ \hline Other & & & % & & & \\ \hline Total cost & + & & . & & & s \\ \hline \end{tabular}