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Hi-Tek Manufacturing, Inc., makes two types of industrial component parts—the B300 and the T500. An absorption costing incomeRequired: 1. Compute the product margins for the B300 and 1500 under the companys traditional costing system. 2. Compute theRequired 1 Required 2 Required 3 Compute the product margins for B300 and T500 under the activity-based costing system. (NegaRequired 1 Required 2 Required 3 Prepare a quantitative comparison of the traditional and activity-based cost assignments. (R$ $ 0 Total cost assigned to products Costs not assigned to products: Total cost $ 0

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Answers 1 Product Margin under Traditional Costing B300 Product Margin 382703 2 Product Margin under Activity Based costing B3. Quantitative Comparision of the Traditional and Activity Based Cost Assignments Quantitative comparsion of the Traditional211 Г Working Notes B300 T500 Total Selling Price 39 Direct Material 400500 1 62200 562700 Direct Labor 120100 42100 162200 PBase Activity Rate 153600 1.33 280 410.00 - 2 50700 Determination of Activity Rate Activty Pool Estimated OH Machining 204288

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