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: Estimated total nsnufacturing overhead Eotlinated total direct labor-hourn 52,133,600 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 idie. capacity costs): Compute the product margins for the Xtreme and the Pathfinder products under the activity based costing system. 3. Prepare a quanttative comparison of the traditional and activity based cost assignments: Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing 5ystem. (Round your Intermediate caiculations to 2 decimal places.) Prepare a quantitatlve comparison of the traditional and activity-based cost asslgnments. (Round your Intermediate calculations to 2