Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfindet. Data concerning these two product ines appear belowi 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 laborthours for the upcoming year appear below: Required: 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 icle copacity costs): Compute the product margins for the xtreme and the Pathfinder products under the activity-based costing system. Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. 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 intermediate calculations to 2 decimal pleces and final answers to the nearest whole dollar amount.) 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. Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. (Round your intermediate calculations to 2 decimal ploces.) 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. Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate caiculations to 2 decimal places and "Percentage" answers to 1 decimal place.)