Hi-Tek produced and sold 60.300 units of B300 at a price of $19 per unit and 12.600 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: Complete this question by entering your answers in the tabs below. Required 1 Required 2 2 Required 3 Direct materials Direct labor Manufacturing overhead cost of goods sold B300 T500 Total $ 480,500 $ 162,800 $ 563, 380 $ 120, see $ 42,400 163,200 499,356 $ 1,225,856 Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate calculations to 2 decimal places and "Percentage" answers to 1 decimal place and and other answers to the nearest whole dollar amounts.) B300 T500 Total % of % of The company has created an activity-based costing system to evaluate the profitability of its products. Hi-Tek's ABC Implementation team concluded that $57,000 and $102,000 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 overhead to four activities as shown below: Amount Amount Amount Traditional Cost System % %! % % % Manufacturing Overhead $ 203,756 134,400 100,600 60,600 $ 499,356 Activity Tsee 90,580 62,700 se 240 1 1 NA NA Total 153,200 320 2 NA Total cost assigned to products $ 0 Activity Cost Pool (and Activity Measure) Machining (machine-hours) Setups (setup hours) Product-sustaining (number of products) other (organization-sustaining costs) Total manufacturing overhead cost S 0 $ 0 Total cost $ 0 B300 Total Required: 1. Compute the product margins for the B300 and T500 under the company's traditional costing system. 2. Compute the product margins for B300 and T500 under the activity-based costing system. 3. Prepare a quantitative comparison of the traditional and activity-based cost assignments. % of Total Amount T500 % of Total Amount Amount Amount Amount Activity-Based Costing System Direct costs: 96 Complete this question by entering your answers in the tabs below. % % % % Required 1 Required 2 2 Required 3 Indirect costs: % % % 1% % Compute the product margins for the B300 and T500 under the company's traditional costing system. (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.) B300 T500 Total Product margin 0 s $ 0 $ 0 Total cost assigned to products Costs not assigned to products Total cost $ 0