Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two product lines appear below. Selling price per unit Direct materials per unit Xtreme Pathfinder $ 120.00 $ 87.00 $ 55.00 $ 10.00 Direct labor per unit Direct labor-hours per unit Estimated annual production and sales $ 63.60 $ 12.00 1.2 DLHS 25,000 units 1.0 DLHS 72,000 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 Estimated total direct labor-hours $ 2,040,000 102,000 DLHS Required: Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing system. 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) Activities and (Activity Measures) Supporting direct labor (direct labor-hours) Estimated Overhead Cost Xtreme Expected Activity Pathfinder Total 30,000 72,000 102,000 250 210 460 700,000 1 1 2 NA NA NA $ 622,200 644,000 Batch setups (setups) Product sustaining (number of products) Other Total manufacturing overhead cost 73,800 $2,040,000 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. 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.) Product margin Xtreme Pathfinder Total 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.) Product margin Xtreme Pathfinder Total Required 1 Required 3 > Xtreme % of Pathfinder % of Total Amount Total Amount Amount Total Amount Amount Traditional Cost System Total cost assigned to products $ 0 $ 0 $ Xtreme Pathfinder % of % of Total Amount Total Amount Amount Amount Total Amount Activity-Based Costing System Direct costs Indirect costs Total cost assigned to products Costs not assigned to products S 0 $ S 0 Total cost