E Question Help i Data Table ft lines: baked goods, milk Milk and Fruit Juice Frozen Products Activity-area usage of the Baked Goods LFS EN 9 pund the percentages Financial data Revenues 60,000 $ 66,500 $ 50,500 Cost of goods sold 41,000 S 51.000 $ 32,000 Store support 12,300 $ 15,300 $ 9,600 Activity-area usage (cost-allocation base) Ordering (purchase orders) Delivery (deliveries) 120 Shelf-stocking (hours) 170 150 Customer support (items sold) 15,400 20,200 7,960 Under its simple costing system, FS allocated support costs to products at the rate of 30% of cost of goods sold. Print Done X - 93% Operatin Requirer nearest * More Info found the percentages to the Total Ordering Delivery and receipt of merchandise Shelf-stocking Customer support and assistance $95 per purchase order $76 per delivery $19 per hour $0.15 per item sold Revenud 177.000 Enter any Print Done Apart Check Answer E5-27 (book/static) Question Help Fitzgerald Supermarkets (FS) 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 as follows: EF: (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 FS, 2. Use the ABC system to prepare a product-line profitability report for FS 3. What new insights does the ABC system in requirement 2 provide to FS managers? operaung income Operating income/Revenues 11.17 % 0.30 % 17.62 % 8.93 % Requirement 2. Use the ABC system to prepare a product-line profitability report for FS. (Round the percentages to the nearest hundredth percent, X.XX%.) Baked Goods 60.000 Milk and Fruit Juice 66,500 Frozen Products 50,500 Total 177,000 41,000 51.000 32.000 124,000 Revenues Costs Cost of goods sold Ordering Delivery Shelf-stocking Customer support Total costs Operating income Operating income/Revenues % L Enter any number in the edit fields and then click Check Answer. part remaining Clear All Check