XYZ Industries manufactures small appliances and uses an activity-based costing system. Information from its system for the year for all products follows: Activity cost pool Total cost Total activity Assembly $460,000 23,000 machine-hours Inspection 5297,500 8,500 inspection-hours Packaging $19,200 1,600 orders XYZ makes 775 of its stand mixers a year, which requires a total of 25 machine hours, 12 inspection hours, and 10 orders. The stand mixer requires $15.00 in direct materials per unit and $14.00 in direct labor per unit. The stand mixer sells for $120 per unit. What is the product margin in total for the stand mixer