as follows Gabriel Supermarkets (GS) operates at capacity and decides to apply ABC analysis to three product lines: baked goods, milk and fruit juice, and frozen foods. It identifies four activities and their activity cost rates as follows: 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 Click the icon to view the information for the three product lines.) Read the requirements. 5,200 $ 20.100 Operating income Operating income/Revenues 15.61 % 9.30 % 10.00 % 11.59 % Requirement 2. Use the ABC system to prepare a product-line profitability report for GS. (Round the percentages to the nearest hundredth percent, XXX%) 5 8.900 $ 6,000 $ Milk and Frozen Baked Goods Fruit Juice Products Total Revenues Costs Cost of goods sold Ordering Delivery Shelf-stocking a Customer support Total costs Operating income Operating income/Revenues % % Enter any number in the edit fields and then click Check Answer ov Data Table - X nts "Re Milk and Baked Goods Fruit Juice Frozen Products ett Financial data ares $ $ Revenues $ 57.000 $ 64,500 $ 52,000 Cost of goods sold $ 37,000 $ 45,000 $ 36,000 Store support $ 11,100 $ 13,500 $ 10,800 Activity-area usage (cost-allocation base) Ordering (purchase orders) 35 30 20 Delivery (deliveries) 85 45 30 Shelf-stocking (hours) 175 155 25 Customer support (items sold) 12,000 16,000 7,000 Under its simple costing system, GS allocated support costs to products at the rate of 30% of cost of goods sold. d Print Done e/Revenues % as follows Gabriel Supermarkets (GS) operates at capacity and decides to apply ABC analysis to three product lines: baked goods, milk and fruit juice, and frozen foods. It identifies four activities and their activity cost rates as follows: 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 Click the icon to view the information for the three product lines.) Read the requirements. 5,200 $ 20.100 Operating income Operating income/Revenues 15.61 % 9.30 % 10.00 % 11.59 % Requirement 2. Use the ABC system to prepare a product-line profitability report for GS. (Round the percentages to the nearest hundredth percent, XXX%) 5 8.900 $ 6,000 $ Milk and Frozen Baked Goods Fruit Juice Products Total Revenues Costs Cost of goods sold Ordering Delivery Shelf-stocking a Customer support Total costs Operating income Operating income/Revenues % % Enter any number in the edit fields and then click Check Answer ov Data Table - X nts "Re Milk and Baked Goods Fruit Juice Frozen Products ett Financial data ares $ $ Revenues $ 57.000 $ 64,500 $ 52,000 Cost of goods sold $ 37,000 $ 45,000 $ 36,000 Store support $ 11,100 $ 13,500 $ 10,800 Activity-area usage (cost-allocation base) Ordering (purchase orders) 35 30 20 Delivery (deliveries) 85 45 30 Shelf-stocking (hours) 175 155 25 Customer support (items sold) 12,000 16,000 7,000 Under its simple costing system, GS allocated support costs to products at the rate of 30% of cost of goods sold. d Print Done e/Revenues %
