Smoky Mountain Corporation makes two types of hiking boots--the Xtreme and the Pathfinder. Data concerning these two product lines appear below Xtreme Pathfinder Selling price per unit $120.00 $ 87.00 Direct saterials per unit $63.30 $ 52.00 Direct labor per unit $ 17.00 $ 10.ee Direct labor-hours per unit 1.7 DLHS 1.0 OHS Estimated annual production and sales 22,000 units 76,000 units 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: Estimated total manufacturing overhead $ 1,927.80 Estimated total direct labor-hours 113,460 DHS 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 Estimated Expected Activity Activities and activity Measures Ovechead cost Xo Pathfinder Total Supporting direct labor (direct labor hours) 5.703,080 17.400 76,000 113,400 Batch setups (setups) 480,000 220 15 Product sustainine (number of products) 700.000 1 1 2 Other 44.720 NA Total manufacturing overhead cost 1.927,000 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 Required 1 Required 2 Required 3 Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing system, (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.) Xtreme Pathfinder Total Product margin Required Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 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.) Xtreme Pathfinder Total Product margin Xtreme Pathfinder 56 of Total Amount Amount % of Total Amount Total Amount Amount Traditional Cost System Total cost assigned to products Xtreme Pathfinder % of Total Amount Amount % of Total Amount Total Amount Amount Activity-Based Costing System Direct costs: Indirect costs: Total cost assigned to products Costs not assigned to products: Total cost