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Fulltone Corporation owns a small printing press that prints leaflets, brochures, and advertising materials. Fulltone To see how activity-based costing would affect the classifies its various printing jobs as standard jobs or costs of standard and special jobs, Fulltone special jobs. collects the following information for the fiscal year 2020 that just ended. (Click the icon to view additional information.) (Click the icon to view the information.) Requirement 1. Calculate the cost of a standard job and a special job under the simple costing system. (Round interim calculations to three decimal places, X. XXX and your final answers to the nearest cent, X.XX.) More info Fulltone's simple job-costing system has two direct-cost categories (direct materials and direct labor) and a single indirect-cost pool. Fulltone operates at capacity and allocates all indirect costs using printing machine-hours as the allocation base. Fulltone is concerned about the accuracy of the costs assigned to standard and special jobs and therefore is planning to implement an activity-based costing system. Fulltone's ABC system would have the same direct-cost categories as its simple costing system. However, instead of a single indirect-cost pool there would now be six categories for assigning indirect costs: design, purchasing, setup, printing machine operations, marketing, and administration. Data table Requirements 1. Calculate the cost of a standard job and a special job under the simple costing system. 2. Calculate the cost of a standard job and a special job under the activity-based costing system. 3. Compare the costs of a standard job and a special job in requirements 1 and 2 . Why do the simple and activity-based costing systems differ in the cost of a standard job and a special job? 4. How might Fulltone use the new cost information from its activity-based costing system to better manage its business