Question 1 faliacating costs using ABC, product profit margin) Generic Motors Corporation has two product lines, A and B. Its revenue and costs for last year is as follows Product A Product BTotal sales volume (units) 200 Revenue Costs 400 600 $16,000$80,000$96,000 $16,000 $19,200 $32,000 $40,000 $31,200 $5,600 $3.200 direct materials $8,000 direct labor OH costs Profit Generic Motors uses ABC to allacate the overhead costs. It examined the main activities in the firm, and decided to break up the total overhead costs of $31,200 into 3 cost pools: *"labor-related" - the total cost in this pool is $8,000, allocated based on direct labor dollars *"sales-related" the total cost in this paol is $7,200, allocated based on number of units