just need answer fro required 1 and 2

Bowman Specialists Inc. (BSI) manufactures specialized equipment for polishing optical lenses. There are two models-one (A-25) principally used for fine eyewear and the other (A10) for lenses used in binoculars, cameras, and similar equipment The following table shows the manufacturing cost of each unit is calculated using activity-based costing for these manufacturing cost pools Cost Pools Allocation Base Costing Rate Materials handling Number of parts $ 3.70 per part Manufacturing supervision Hours of machine time $24.2e per hour Assembly Number of parts $ 6.00 per part Machine setup Each setup $48.00 per setup Inspection and testing Logged hours $56.00 per hour Packaging Logged hours $26.00 per hour BSI currently sells the A-10 model for $4,030 and the A-25 model for $2.010. Manufacturing costs and activity usage for the two products follow Direct materials Number of parts Hachine-hours Inspection time Packing time Setups A-10 $147.76 130 8.70 1.90 1.15 28 A-25 573.44 101 5.80 1.05 0.58 14 Required: 1. Calculate the product cost and product margin for each product. 2. A new competitor has entered the market for lens polishing equipment with a superior product at significantly lower prices, $2.410 for the A-10 model and $1,885 for the A-25 model. To try to compete, BSI has made some radical improvements in the design and manufacturing of its two products. The materials costs and activity usage rates have been decreased significantly, as follows Direct materials Number of parts Machine-hours Inspection time Packing time Setups A-10 $96.65 128 9.5 1.9 0.97 14 A-25 $51.45 99 3.8 0.95 0.38 14 2-a Calculate the total product costs with the new activity usage data, 2-b. Can BSI make a positive gross margin with the new costs, assuming that it must meet the price set by the new competitor? 4. What cost management method might be useful to BSI at this time? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 28 Reg 4 Reg 1 Req 2A Reg 28 Req 4 Calculate the product cost and product margin for each product. (Round your answers to 2 decimal places.) A-10 A-25 Product cost Product margin Req 1 Req 2A Req 2B Reg 4 Calculate the total product costs with the new activity usage data. (Round your answers to 2 decimal places.) A-10 A-25 Product cost