please help w/ questions 1-3

Wiek Manufacturing, Incorporated, makes two types of industrial component parts-the B300 and the T500. An absorption costing come statement for the most recent period is shown: Hi- Tek produced and sold 60,500 units of B300 at a price of $21 per unit and 12.700 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 dollars as the allocation base. Additional information relating to the company's two product lines is shown below: The company has created an activity-based costing system to evaluate the profitability of its products. Hi- Tek's ABC implementation cam concluded that $53,000 and $101,000 of the company's advertising expenses could be directly traced to B300 and TSOO. respectively. The remainder of the selling and administrative expenses was organization-sustaining in nature. The ABC team also cistributed the company's manufacturing overhead to four activities as shown below: Required: 1. Compute the product margins for the B300 and T500 under the company's troditional costing system 2 Compute the product margins for 8300 and T500 under the activity-based costing system. 3. Prepare a quantitative comparison of the traditional and octivity-based cost assignments. Complete this question by entering your answers in the tabs below