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Paulina Corporation has provided the following data from its activity-based costing system: The company makes 340 units of product-Riche a year, requiring a total of

Paulina Corporation has provided the following data from its activity-based costing system: The company makes 340 units of product-Riche a year, requiring a total of 710 machine-hours, 75 orders, and 35 inspection hours per year. The product's direct materials cost is $42.30per unit and its direct labor cost is $14.55 per unit. The product sells for $130.20 per unit. According to the activity-based costing system, what is the product margin for product Riche.

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