Current Attempt in Progress Whispering is a manufacturer that specializes in three types of toy instruments: xylophones, electronic keyboards, and drum sets. Grandparents across the globe flock to stores so they can buy their kids' kids these especially nolsy toys. Company managers are equally excited about their products and await the profit report for this year's performance. The following partial income statement was released to all managers last week. The compary has not previously allocated its operating expenses to the three product lines but wants to do so now. Managers believe operating expenses are incurred in a proportion similar to COGS for each product line. Allocate the operating expenses usingeach product ine's proportion of its own COGS to total COGS, then determine operating income and profit margin percentage by product line. (Round proportion of total cost of goods sold and profit margin percentoge to 2 decimal places, es. 15.25\%. Round final answers to 0 decimal places, es 5, 12.5. Enter loss using either a negative sign preceding the number e 5,145 or 45% or parentheses es (5,145) or (45)%) After revlewing the profit report, one product line manager was concerned by how the operating expenses were allocated. He felt that a disproportionate amount was being directed at his product line and requested that the accounting team review these expenses. After doing so, the accounting teamobserved that while some operating activity usage follows the COGS trend, not all operating activity usage does. The accountants incorporated this new intormation and prepared the following for product line managers. Based on thes updated intormation, prepare new allocations and profit analysis by product line. Which product line manager(s) will Ihely prefer this new ABC verslon of profitability? (Round onwers to 2 decimal ploces es. 15.25\%) Based on this updated information, prepare new allocations and profit analysis by product line. Which product line manager(s) wil! likely prefer this new ABC version of profitablity? (Round answers to 2 decimal places, eg. 15.25\%)