Hi-TeK Manutacturing Incorporated Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating loss [$.1","755","900],[1","218","952],[536","948],[570","000],[$(33","052)] Hi-Tek produced and sold 60,400 units of B 300 at a price of $21 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: Direct materials Direct labor Manufacturing overhead Cost of goods sold 8300 $400,600 $120,200 T5ee $162,400 [" Total "],[$563","000],[162","800],[493","152],[$1","218","952] The