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PLEASE ANSWER ALL THE REQUIREMENTS AND SHOW ALL WORK FOR THUMBS UP! THANK YOU! Fullhue Corporation owns a small printing press that prints leaflets, brochures,

PLEASE ANSWER ALL THE REQUIREMENTS AND SHOW ALL WORK FOR THUMBS UP! THANK YOU!

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Fullhue Corporation owns a small printing press that prints leaflets, brochures, To see how activity-based costing would affect the costs of standard and and advertising materials. Fullhue classifies its various printing jobs as standard special jobs, Fullhue collects the following information for the fiscal year jobs or special jobs. (Click the icon to view additional information.) (Click the icon to view the information.) Read the requirements. 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 Fullhue's simple job-costing system has two direct-cost categories (direct materials and direct labor) and a single indirect-cost pool. Fullhue operates at capacity and allocates all indirect costs using printing machine-hours as the allocation base. Fullhue 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. Fullhue'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 Fullhue use the new cost information from its activity-based costing system to better manage its business

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