its first year of operations a company produced and sold 70,000 units of Product A at a selling price of $20 per unit and 17,500 units of oduct B at a selling price of $40 per unit. Additional information relating to the company's only two products is shown below: he 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 $39,000 and $111,000 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 ($400,000) was organization-sustaining in nature. 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 $39,000 and $111,000 of the company's advertising expenses could b directly traced to Product A and Product B, respectively. The remainder of its selling and administrative expenses ($400,000) was organization-sustaining in nature. The company's activity-based costing system would report a product margin for Product A of: Note: Do not round your intermediate calculations