Smoky Mountain Corporation makes two types of hiking bootsthe Xtreme and the Pathfinder. Data concerning these two product lines appear below:

Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two product lines appear below: Xtreme Pathf inder Selling price per unit Direct materials per unit Direct labor per nit Direct labor-hours per unit Estimated armual production and sales $121.00 $63.7O $8. 80 $91.00 $56.00 $8.00 1.1 DLHs 1.0 DLHs 26, 000 units 73, 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: $2, 133, 600 Estimated total manut acturing overhead Estimated total direct labor-hours 101, 600 DLHs 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 Overhe ad Cost Xtreme Pathfinder Total Expected Activity Activities and Activity Measure:s Supporting direct labor (direct labor-hours) Batch setups (setups) Product sustaining number of products) Other $629, 920 768, 000 710, 000 25, 680 $2, 133, 600 28, 600 260 73, 000 220 101, 600 480 NA NA NA Total manuf acturing overhead cost 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. 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 1 Required 2Required 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 Required 1 Required 2 Required3 Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate calculations to decimal places.) Xtreme Pathfinder Total % of %of Amount Total Amount Amount Total Amount Amount Traditional Cost System Direct materials Direct labor Manufacturing overhead Total cost assigned to products Xtreme Pathfinder Total % of 0 Amount Total Amount Amount Total Amount Amount Activity-Based Costing System Direct costs Direct materials Direct labor Indirect costs Supporting direct labor Batch setups Product sustaining Total cost assigned to products Costs not assigned to products Other Total cost