I have 3 required parts

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, 759, 800 Cost of goods sold 1, 235, 160 Gross margin 524, 640 Selling and administrative expenses 600, 000 Net operating loss $ (75, 360) Book Hi-Tek produced and sold 60,400 units of B300 at a price of $21 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 Hint dollars as the allocation base. Additional information relating to the company's two product lines is shown below: B300 T500 Total Direct materials $ 400, 800 $ 162, 300 $ 563, 100 Print Direct labor $ 120, 100 $ 42, 400 162, 500 Manufacturing overhead 509 , 560 Cost of goods sold $ 1, 235, 160 References 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 $101,000 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: Manufacturing Activity Activity Cost Pool (and Activity Measure) Overhead B300 T500 Total Machining (machine-hours ) $ 206, 010 90 , 000 62, 600 152, 600 Setups (setup hours) 141, 750 75 240 315 Product-sustaining (number of products) 101, 200 2 Other (organization-sustaining costs) 60, 600 NA NA NA Total manufacturing overhead cost $ 509, 560 Required