Smoky Mounteri Corporation makes two types of hiking boots - the Xtreme and the Pathfinder. Date concerning these two product ites appear beiow: The company has a traditionsi costing system in which manufacturing overhead is applied to units based on direct labot-hours. Dato conceming manufactiving overtead and direct labor-hours for the upcoming year appear below. Recisated cotal manufocuring overhead Estisated totis direct 1 abok-hours 11,924,400 103,400 DEAE Required: 1. Compute the product margins for the Xtreme and the Pathinder products under the company's traditional costing system. 2. The company is considering replacing its treditonal costing system with an octivity-based costing system that would assign its manufacturing overhead to the following four activity cost pools the Other cost poof includes organization:tustaining costs and idile 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 traditionel and octivity based cost assignments. Complete this question by entering your answers in the tabs below. Compute the product margins for the Xereme and the Pathninder products under the activitybsed costing system. (Round. your intermedise caloulations to 2 decimal pleces.) Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate calculations to 2 decimal places and "Percentace" answers to 1 decimal alara.1 Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two product lines appear below: 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: Eetimated total manufacturing overhead Eatimated total direct labor-houra $1,904,400 105,800 DLAn 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): Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. 3. Prepare a quantitative comporison of the traditional snd activity-based cost assignments