Aniline Corporation owns a small printng press that leaflets, brochures, and advertising materials. Aniline classifies its various printing jobs as standard obs or specal jobs prints Aniline's simple job-costing system has two direct-cost categories (direct materials and directlabor) a single indirect cost pool. Aniline operates at capacity and allocates all indirect costs using printing machine-hours as the allocation base Aniline is concerned about the accuracy ofthe costs assigned to standard and special jobs and therefore is planning to implement an a costing system ABC system would have the same direct cost categories as simple sytem However instead ofa single indirect cost pool there would now be six categories for assigning indirect costs design purchasing, setup, printing machine operations, marketing, and administraton. To see how activity-based costing would affect the costs of standard and special jobs, Aniline collects the following information for the fiscal year 2014 that just ended. (Click the icon to view the information) Read the requirements. 1.calculate the cost of a standard job and a specialiob under the simple costing system (Round interim calculations to three decimal places, X ook and your final answers to the nearest cent XXX) Standard Special Simple Costing System Cost of s plies per job Direct manufacturing labor cost per job Indirect cost allocated to each job Total costs Ranuirement 2. calculate the cost of a standard job and a specialiob under the activity-based costing system Aniline Corporation owns a small printng press that leaflets, brochures, and advertising materials. Aniline classifies its various printing jobs as standard obs or specal jobs prints Aniline's simple job-costing system has two direct-cost categories (direct materials and directlabor) a single indirect cost pool. Aniline operates at capacity and allocates all indirect costs using printing machine-hours as the allocation base Aniline is concerned about the accuracy ofthe costs assigned to standard and special jobs and therefore is planning to implement an a costing system ABC system would have the same direct cost categories as simple sytem However instead ofa single indirect cost pool there would now be six categories for assigning indirect costs design purchasing, setup, printing machine operations, marketing, and administraton. To see how activity-based costing would affect the costs of standard and special jobs, Aniline collects the following information for the fiscal year 2014 that just ended. (Click the icon to view the information) Read the requirements. 1.calculate the cost of a standard job and a specialiob under the simple costing system (Round interim calculations to three decimal places, X ook and your final answers to the nearest cent XXX) Standard Special Simple Costing System Cost of s plies per job Direct manufacturing labor cost per job Indirect cost allocated to each job Total costs Ranuirement 2. calculate the cost of a standard job and a specialiob under the activity-based costing system
