Smoky Mountain Corporation makes two types of hiking boots-Xtreme and Pathfinder. Data concerning these two product lines appear below: The company has a traditional costing system that applies manufacturing overhead to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below: Required: 1. Compute the product margins for Xtreme and Pathfinder 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): Compute the product margins for Xtreme and Pathfinder 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 Xtreme and Pathfinder under the company's traditional costing system. Note: Round your intermediate calculations to 2 decimai places and final answers to the nearest whole doliar amount. Smoky Mountain Corporation makes two types of hiking boots - Xtreme and Pathfinder. Data concerning these two product I appear below: The company has a traditional costing system that applies manufacturing overhead to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below: Required: 1. Compute the product margins for Xtreme and Pathfinder 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 an capacity costs): Compute the product margins for Xtreme and Pathfinder 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 Xtreme and Pathninder under the activity-based costing system. Note: Round your intermediate calculations to 2 decimal places. Smoky Mountain Corporaticn makes two types af hiking boots--xtreme and Pathfindec Data concerning these two product lines appear beliow. The compary has a tradibional costing system that applies manifacturing overhead to units based an direct iabaripours Data conterning manutacturing overhead snd direct laber hours for the upcoming yest appear below. Pequlied: t Compute the produst murgins for Xireme and Pachifinder under the compary/s traditionat eosting system 2. The compary is comidering replacing its trastional costing system with an activibybyed costing system fhat would assign its manufacturing overheed to the following four activity cost pools athe Other cost pool includes organization-suataining costs and idle capacily costs) Compute the probuct margins for Xtreme and Pachfinder under the activity-based costing system. 3. Preoare a quanttative comperison of the tradtional and activey-based cost assignnents Complete this question by entering your anuwers in the tabs below