Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two produc lines appear below: The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Da conceming manulacturing overhead and direct labor-hours for the upcoming year appear below: 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 idl capacity costs): Compute the product margins for the Xireme 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. Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing system. (Round your intermedlate calculations to 2 decimal places and final answers to the nearest whole dollar amount) Compute the product margins for the Xtreme and the Pathfinder products under the actlvily-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. Compute the product margins for the Xereme and the Pathfinder products under the activity-based costing 5y stem. (Round your intermedate calculations to 2 decimal places.) 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.) CRN 8 Question 2HW7 - Connect Topic Weck 5: Online this week Launch Meeting - Zoom nheducation.com/ext/map/indexhtml?_con=con\&iextemal_browser=08.launchUrl=https\%.253A\%252F\%252Flms.mheducation.com\%252F