Hi-Tek Manufacturing, Incorporated, makes two types of industrial component parts-the B300 and the T500. An absorption costing income statement for the most recent period is shown: Hi-Tek Manufacturing Incorporated Income Statement Sales $ 1, 653, 500 Cost of goods sold 1, 228,909 Gross margin 424, 591 Selling and administrative expenses 550, 000 Net operating loss $ (125, 409) Hi-Tek produced and sold 60,500 units of B300 at a price of $19 per unit and 12,600 units of T500 at a price of $40 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: B300 T500 Total Direct materials $ 400, 700 $ 162, 800 $ 563, 500 Direct labor $ 121, 000 $ 42, 200 163, 200 Manufacturing overhead 502, 209 Cost of goods sold $ 1, 228, 909 The company has created an activity-based costing system to evaluate the profitability of its products. Hi-Tek's ABC implementation team concluded that $56,000 and $109,000 of the company's advertising expenses could be directly traced to B300 and T500, rocnortively The remainder of the calling and administrative evnancac was organization_cuctaining in nature The ARC team alon