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Wildhorse Electronics Company manufactures two large-screen television models: the Deluxe, which has been produced for many years and sells for $1,000, and the Flat, a new model, which sells for $1,450. Based on the following income statement for 2022, the CFO at Withorse has decided to concentrate the marketing resources on the Flat model and to begin to phase out the Deluxe model. The standard unit costs for the Flat and Deluxe models are as follows: Manufacturing overhead was applied on the basis of machine hours at a predetermined rate of $25 per hour. Wildhorse's CFO is in favour of using an activity-based costing system and has gathered the following information about the company's manufacturing overhead costs for 2022 : Using activity-based costing, calculate the gross margin for Flat model and Deluxe model. (Round per machine hour to 5 decimal places, eg. 15.21156, other intermediate colculations to 2 decimal places, e. 15.25 and final answers to 2 decimal places, eg. 15.25\%) Using activity-based costing, determine whether Wildhorse Electronics should continue to emphasize the Flat model and phase out the Deluxe model. The standard unit costs for the Flat and Deluxe models are as follows: Manufacturing overhead was applied on the basis of machine hours at a predetermined rate of $2.5 per hour. Wiidhorse s CFO is in favour of using an activity-based costing system and has gathered the following information about the company's manufacturing overhead costs for 2022