In its first year of operations a company produced and sold 70.800 units of Product A at a selling price of $28 per unit and 18.300 units of Product B at a selling price of $48 per unit. Additional information relating to the company's only two products is shown below. The company created an activity-based costing system that allocated its manufacturing overhead costs to four activities as follows: The company's ABC implementation team also concluded that $54,000 and $108,000 of the company's advertising expenses could be directly traced to Product A and Product B, respectively. The remainder of its selling and administrative expenses (\$408.000) was organization-sustaining in nature. If the compony uses a traditional cost system that relies on plantwide overhead allocation bosed on direct iabor dollars. What is the total gross margin (or product margin) earned by Product A? Note: Round your Intermedlate calculations to 2 declmal places