ACC 2311/HE22 Cost Acct 1 (Spring 18 Homework: Assignment 6: Chpt 5 ABC Costing 5 of 6 (5 complete) Score: 11.25 of 30 pts %E5-27 (book/static) Fitrgeraid Supermarkets (FS) operates at capacity and decides to apply ABC analysis to theee product lines baked goods, milk and thuit (uice, and frozen toods It identifies four activti IClick the loon to view he activity cost raes) acount for the store support oosts, and activityarea unage of the three product lines are as follows revenues, cost ot TI (Click the loon to view the information for the three product lines ) 1. Use the simple costing system to prepare a product-line proftability report for FS. 2. Use the ABC system to prepare a product-ine proftability report for FS 3. What new insights does the ABC system in requirement 2 provide to FS managers? Total costs Operating income 6,700 S 8.900 $ 15.800 11 17% 0.30 % 17.62 % 8.93 % Requirement 2. Use the ABC system to prepare a product-line profitability report for FS. (Round the peroentages to the nearest hundredth percent. XXX%.) profitability report for FS. (Round the Mik andFrozen Baked Goods Fruit Julce Products Tot More Inf $96 per purchase order $76 per delivery $19 per hour $0. 15 per bam sold Cost of geods sold Delivery and recept of merchandise Customer support and assistance Shelt-stocking Customer support Print Done Operating income Enter any number in the edit felds and then click Check Answer Clear All MacBook Pro 8 4 8 0