Need requirements done please an thank you!

Several years after reengineering its production process, Zeke Corporation hired a new controller, Jane Smith. She developed an ABC system very similar to the one used by Zeke's chief rival. Part of the reason Smith developed the ABC system was because Zeke's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, Zeke had used a plantwide overhead rate based on direct labor hours that was developed years ago. (Click the icon to view the overhead costs and budgeted data.) Data Table Read the requirements Requirement 1. Compute the gross profit per wheel if managers rely on the ABC unit cost data. (Enter amounts to two decimal places.) Begin by computing the total manufacturing cost per wheel for each wheel model. Manufacturing Overhead Costs per Unit: Standard Deluxe Zeke Corporation Total cost per unit using ABC data ABC costs $ 300.00 $ 486.00 Plantwide overhead rate ..... $ 340.60 $ 445.40 The following data are budgeted for the company's Standard and Deluxe models for next year: Standard Deluxe Deluxe 610.00 Standard Sales price per wheel ........ $ 430.00 $ Direct materials per wheel .... $ 34.50 $ Direct labor per wheel ........ $ 45.60 $ 46.00 Total manufacturing cost 53.00 Now compute the gross profit per wheel for each wheel model. Zeke Corporation Grace nrofit ner unit neinn ABC data Print Done incat Zeke Corporation Gross profit per unit using ABC data Standard Deluxe Gross profit Requirement 2. Compute the gross profit per wheel if the managers rely on the plantwide allocation cost data. Begin by computing the total manufacturing costs. (Enter amounts to two decimal places.) Zeke Corporation Total cost per unit using plantwide overhead rate Standard Deluxe Requirement 2. Compute the gross profit per wheel if the managers rely on the plantwide allocation cost data. Begin by computing the total manufacturing costs. (Enter amounts to two decimal places.) Zeke Corporation Total cost per unit using plantwide overhead rate Standard Deluxe Total manufacturing cost Now compute the gross profit per wheel for each wheel model if the managers rely on the plantwide allocation cost data. (Enter amounts to two decimal places.) Zeke Corporation Gross profit per unit using plantwide overhead rate Standard Deluxe Now compute the gross profit per wheel for each wheel model if the managers rely on the plantwide allocation cost data. (Enter amounts to two decimal places.) Zeke Corporation Gross profit per unit using plantwide overhead rate Standard Deluxe Gross profit Requirement 3. Which product line is more profitable for the company? cost The standard model is the deluxe model. Activity-based costing data generally are V cost data generated by a plantwide overhead allocation rate. ABC systems have categories (activities), each with its own allocation base. ABC cost assignments represent the cost of resources consumed to manufacture and support) products Requirement 4. Why might the controller have expected ABC to pass the cost-benefit test? Were there any warning signs that the company's old direct-labor-based allocation system was broken? The ABC system is likely to pass the cost-benefit test because Zeke Corporation manufactures The old cost system appears "broken" because profits have been declining even though the company