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Henderson Supermarkets (HS) operates at capacity and decides to apply ABC analysis to three product lines baked goods, milk and fruit juice, and frozen foods.

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Henderson Supermarkets (HS) 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-aren usage of the three product lines are as follows: Click the icon to view the information for the three product lines) Read the requirements Requirement 1. Use the simple costing system to prepare a product-ine profitability report for HS. (Round the percentages to the nearest hundredth porcent. XXX%) Muk and Baked Goods Fruit Juice Frozen Products Total Revenues Costs Cost of goods sold Store support Total costs Operating income Operating incoma/Revenues Hipas: baked goods mille Data Table Milk and Baked Goods Fruit Juice Financial data Frozen Products Revenues $ 61,500 $ 64,000 $ 52,000 Cost of goods sold $ 35,000 $ 44,000 $ 31,000 Store support $ 10,500 $ 13,200 $ 9,300 Activity-area usage (cost-allocation base) Ordering (purchase orders) 30 25 10 Delivery (deliveries) 96 38 26 Shelf-stocking (hours) 185 165 25 Customer support (items sold) 11,000 17,000 8,000 Under its simple costing system, HS allocated support costs to products at the rate of 30% of cost of goods sold. Print Done

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