Hi-Tek Manufacturing makes two types of industrial component parts-the 8300 and the. An absorption costing income statement for the most recent period is shown below. Hi-Tek produced and sold 60, 200 units of 8300 at a price of per unit and 12, 800 units of T500 at a price of 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. The company has created an activity-based costing system to evaluate the profitability of its products. Hi-Tek's ABC implementation team concluded that $59,000 and $101,000 at the company's advertising expenses could be directly traced to 8300 and T500, respectively. The remainder of the spelling and administrative expenses was organization-sustaining in nature. The ABC team also distributed the company's manufacturing overhead to four activities as shown below: Compute the product margins for B300 and T500 under the activity based costing system