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Trauscht Corporation has provided the following data from its activity-based costing system.
Activity Cost Pool Total Cost Total Activity
Assembly $704,880 44,000 machine hours
Processing Orders $91,428 1,900 orders
Inspection $117,546 1,950 inspection-hours
The company makes 360 units of product P23F a year requiring a total of 725 machine hours, 85 orders, and 45 inspection-hours per year. The product’s direct labor cost is $14.55 per unit. The product sells for $132.10 per unit. According to the activity-based costing system, what is the product margin for product P23F?
Please show all math and calculations
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