Hi-Tek Manufacturing Inc. makes two types of industrial component parts the B300 and the T500. An absorption costing income statement for the most recent period is shown below: Hi-Tek Manufacturing Inc Income Statement Sales 1,693,500 Cost of goods sold 1,247,760 445.740 Gross margin 650,000 Selling and administrative expenses Net operating loss (204,260 Hi-Tek produced and sold 60,300 units of B300 at a price of $20 per unit and 12,500 units of T500 at a price of $39 per unit. The company's traditional cost system allocates manufacturing overhead to products using a plantwide overhead rate and direct labor dollars as the allocation base. Additional information relating to the company's two product lines is shown below: T500 Total B300 Direct materials 400,500 162,400 562.900 Direct labor 120,300 42,400 162.700 Manufacturing overhead 522.160 Cost of good s sold 1,247,760 The company has created an activity-based costing system to evaluate the profitability of its products. Hi Tek's ABC implementation team concluded that $58,000 and $108,000 of the company's advertising expenses could be directly traced to B300 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 o to four activities as shown below: Activity Manufacturing Activity Cost Pool (and Activity Measure) Overhead B300 T500 Total Machining (machine-hours) 206,820 91,000 62.200 153,200 Setups (setup hours) 154, 140 290 367 Product sustaining (number of products) 101.200 Other (organization-sustaining costs) 60.000 Total manufacturing overhead cost 522, 160 Required 1. Compute the product margins for the B and T500 under the company's traditional costing system. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollars 300 T500 Product margin