Compute the product margins for B300 and T500 under the activity-based costing system. (Negative product margit be indicated by a minus sign. Round your intermediate calculations to 2 decimal places.) Hi-Tek Manufacturng, incorporated, makes two types of industrial component parts-the 8300 and the T500. An absorption costing income statement for the most recent perlod is shown: H1-Tek produced and sold 60,200 units of B300 at a price of $21 Der unit and 12,500 units of T500 at a price of $40 per unit. The company's tradivonal cost system allocates manufacturing overheod to products using a plantwide overhead rate and direct labor doliars as the allocation base. Additional information relating to the coppany's two product ines is shown below. The company has created on activity based costing system to evaluate the profitablity of its products. Hil-Tek's ABC implementation team concluded that $57,000 and $104,000 of the company's advertising expenses couid be directly traced to 8300 and T500, respectively. The remainder of the selling and administrative expenses was organization-sustaining in nature. The ABC team also distributed the company's manufacturing overhead to four activitles as shown below. Required: 1 Compute the product margins for the B3,00 and 1500 under the coppany's tradivonal costing system 2. Compute the product margins for B300 and T500 under the actiyty-based costing system: 3. Prepare a quantraive comparison of the troditional and octivity based cost assignments. Complete this question by entering your answers in the tabs below. Compute the product margins for the 6300 and T500 under the company's traditonal costing system. (Round your intermediate calculstions to 2 decimal places and final answers to the nearest whole dollar amount.) Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate calculations to 2 decimal