Hi-Tek Manufacturing, Incorporated, makes two types of industrial component parts-the B300 and the T500. An absorption co income statement for the most recent period is shown: Hi-Tek produced and sold 60,500 units of B 300 at a price of $21 per unit and 12,800 units of T 500 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 team concluded that $55 , 000 and $103 , 000 of the company's advertising expenses could be directly traced to B300 and T500, company has created an activity-based costing system to evaluate the profitability of its products. Hi-Tek's ABC imple m concluded that $55 , 000 and $103 , 000 of the company's advertising expenses could be directly traced to B300 and pectively. The remainder of the selling and administrative expenses was organization-sustaining in nature. The ABC tea stributed the company's manufacturing overhead to four activities as shown below: Required: 1. Compute the product margins for the B300 and T 500 under the company's traditional costing system. 2. Compute the product margins for B300 and T500 under the activity-based costing system. 3. Prepare a quantitative comparison of the traditional and activity-based cost assignments: Complete this question by entering your answers in the tabs below. 2. Compute the product margins tor BS UU and 1 bUU under the activity- based costing system. 3. Prepare a quantitative comparison of the traditional and activity-based cost assignments. Complete this question by entering your answers in the tabs below. Compute the product margins for the B300 and T500 under the company's traditional costing system. (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.) Compute the product margins for B300 and T500 under the activity-based costing system. (Negative product margins should be indicated by a minus sign. Round your intermediate calculations to 2 decimal places.) You skipped this question in the previous attempt. (1) You skipped this question in the previous attempt. Prev 3 of 3 tit Next.

1. Hi-Tek Manufacturing, Incorporated, makes two types of industrial component parts-the B300
and the T500. An absorption co income statement for the most recent period is shown: Hi-Tek
produced and sold 60,500 units of B 300 at a price of $21 per unit and 12,800 units of T 500 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 team concluded that $55 , 000 and $103 , 000 of the company's
advertising expenses could be directly traced to B300 and T500, company has created an
activity-based costing system to evaluate the profitability of its products. Hi-Tek's ABC imple m
concluded that $55 , 000 and $103 , 000 of the company's advertising expenses could be directly
traced to B300 and pectively. The remainder of the selling and administrative expenses was
organization-sustaining in nature. The ABC tea stributed the company's manufacturing overhead
to four activities as shown below: Required: 1. Compute the product margins for the B300 and T
500 under the company's traditional costing system. 2. Compute the product margins for B300
and T500 under the activity-based costing system. 3. Prepare a quantitative comparison of the
traditional and activity-based cost assignments: Complete this question by entering your answers
in the tabs below. 2. Compute the product margins tor BS UU and 1 bUU under the activity-
based costing system. 3. Prepare a quantitative comparison of the traditional and activity-based
cost assignments. Complete this question by entering your answers in the tabs below. Compute
the product margins for the B300 and T500 under the company's traditional costing system.
(Round your intermediate calculations to 2 decimal places and final answers to the nearest whole
dollar amount.) Compute the product margins for B300 and T500 under the activity-based
costing system. (Negative product margins should be indicated by a minus sign. Round your
intermediate calculations to 2 decimal places.) You skipped this question in the previous attempt.
(1) You skipped this question in the previous attempt. Prev 3 of 3 tit Next