Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two product llnes appear below: Ine 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 vear 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 idie capacity costs): Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. 3. Prepare a quantitative comparison of the traditionai and activity.based cost assignments. Complete this question by entering your answars in the tabs below. Compute the grosuct margins for the Xtreme and the Pathfinder products under the company's traditional costing system. (Round your ingermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount,) Zompute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. (Raund rour intermediate caiculations to 2 decimal places.) 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 calculations to 2 decimal places and "Percentage" answers to 1 decimal place.)