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 Direct labor per unit Direct labor-hours per unit Estimated annual production and sales Xtreme $ 121.00 $ 64.70 $ $ 19.80 1.2 DLHS 25,000 units Pathfinder $ 88.00 $ 54.ee $ 9.00 1.8 DLHS 71,eee 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 $ 2,92e, eee 181, e8 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) Activities and Activity Measures Supporting direct labor (direct labor-hours) Batch setups (setups) Product sustaining (number of products) Other Total manufacturing overhead cost Estimated Overhead Cost $ 686, mee 693, eee 700, eee 21,eee $ 2,020,000 Expected Activity Xtreme Pathfinder Total 3e, eee 71,eee 181,000 360 278 630 1 1 2 NA NA NA 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 Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate calculations to 2 decimal places and "Percentage" answers to 1 decimal place.) Xtreme Pathfinder Total % of 16 of Amount Total Amount Amount Total Amount Amount Traditional Cost System 0% %6 96 56 96 96 96 Total cost assigned to products s S $ Xtreme Pathfinder Total % of Total Amount % of Total Amount Amount Amount Amount Activity-Based Costing System Direct costs: 9% 96 9% % Indirect costs: %6 9% 96 96 96 Total cost assigned to products $ 0 S 0 $ Costs not assigned to products: Total cost S 0