I am not sure if I am even doing this correctly. Please help me with all the blanks and please make it easy to understand thank you.

HI$-$Tek Manufacturing, Incorporated, makes two Industrial component parts$-$B$300$ and T$500.$ An absorption costing income statement

for the most recent perlod is shown below:

HI$-$Tek produced and sold $60,300$ units of B$300$ at a price of $$20$ per unit and $12,700$ units of T$500$ at a price of $$40$ 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 created an activity$-$based costing system to evaluate the profitability of its products. HI$-$Tek's ABC implementation team

concluded that $$53,000$ and $$109,000$ of the company's advertising expenses could be directly traced to B:$300$ and T$500,$

respectively. The remainder of the selling and administrative expenses was organization$-$sustaining in nature. The ABC team also

distributed the company's manufacturing overhead to four activitles as shown below:

Required:

Compute the product margins for B$300$ and T$500$ under the company's traditional costing system.

Compute the product margins for B$300$ and T$500$ under the activity$-$based costing system.

Prepare a quantitative comparison of the traditional and activity$-$based cost assignments.

Complete this question by entering your answers in the tabs below.

Prepare a quantitative comparison of the traditional and activity$-$based cost assignments.

Note: Round your intermediate calculations to $2$ decimal places and "Percentage" answers to $1$ decimal place and and other answers to the

nearest whole dollar amounts.