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I need the text book answer please blem 1: Family Supermarkets (Fs) has decided to increase the size of its Memphis information about the profitability

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image text in transcribedI need the text book answer please
blem 1: Family Supermarkets (Fs) has decided to increase the size of its Memphis information about the profitability of individual product lines: soft drinks, fresh produce, and packaged food. FS provides the following data for 2011 for each product line: Soft Drinks Fresh Produce Packaged Food Revenues 317,400 Cost of goods sold $600,000 S360.000 Cost of bottles returned 4800 Number of purchase orders placed 144 Number of deliveries received 120 Hours of shelf-stocking time 216 2.160 Items sold 122.400 1.600 FS also provides the following information for 2011: Description of Activity Total Support Costs Cost-Allocation Base 1, Battle returns Returning of empty bottles to store Direct tracing to soft- drink line 2 Ordering Placing of orders for purchases 62,400 624 purchase orders Physical delivery and receipt of $100,800 1.250 deliveries 4 Shelf-stocking Stocking of merchandise on store S 69,120 3456 hours of shelf. shelves and ongoing restocking stocking time 5. Customer support Assistance provided to customers, $122880 614400 items sold including checkout and bagging equired 1. Family Supermarkets currently allocates store support costs (all costs other than cost of goods sold) to product lines on the basis of cost of goods sold of each product line. Calculate the operating income and operating income as a percentage of revenues for each product line. 2. If Family Supermarkets allocates store support costs (all costs other than cost of goods sold) to product lines using an ABC system, calculate the operating income and operating income as a percentage of revenues for each product line

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