activity cost rates as follows:

i$.($Click the icon to view the activity cost rates.$)$

The revenues, cost of goods sold, store support costs, activities that account for the store support costs, and activity$-$area usage of the three product lines are as follows:

$($Click the icon to view the information for the three product lines.$)$

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Requirement $1.$ Use the simple costing system to prepare a product$-$line profitability report for FS$.($Round the perd

Requirement $2.$ Use the ABC system to prepare a product$-$line profitability report for FS$.($Round the

Costs

Conet of annde sold

Under its simple costing system, FS allocated support costs to products at the rate ofRequirement $2.$ Use the ABC system to prepare a product$-$line profitability report for FS$.($Round the percentages to the nearest hundredth percent, X$.$XX$\%.)$