(Click the icon to view the activity cost rates.) The revenues, cost of goods sold, store support costs, the 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.) Requirements 1. Use the simple costing system to prepare a product-line profitability report for CS. 2. Use the ABC system to prepare a product-line profitability report for CS. 3. What new insights does the ABC system in requirement 2 provide to CS managers? More info Data table Under its simple costing system, CS allocated support costs to products at the rate of 30% of cost of goods sold. Requirement 1. Use the simple costing system to prepare a product-line profitability report for CS. (Round the percentages to the nearest hundredth percent, X.XX%.)