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Please complete all requirements/parts. Highlight answers. Thank you Flexoprint Corporation owns a small printing press that prints leaflets, brochures, and advertising materials. Flexoprint classifies its

Please complete all requirements/parts. Highlight answers. Thank you
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Flexoprint Corporation owns a small printing press that prints leaflets, brochures, and advertising materials. Flexoprint classifies its various printing jobs as standard jobs or special jobs. (Click the icon to view additional information.) To see how activity-based costing would affect the following information for the fiscal year 2012 (Click the icon to view the information.) Read the fequitamana 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, > Standard Job Simple Costing System Cost of supplies per job Direct manufacturing labor cost per job Indirect cost allocated to each job Total costs Enter any number in the edit fields and then click Check Answer Clear All 10 parts remaining ts leaflets, brochures, and advertising materials. Os or special jobs. To see how activity-based costing would affect the costs of standard and special jobs, Flexoprint collects the following information for the fiscal year 2017 that just ended. (Click the icon to view the information.) Read the requirements. 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.) d 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 Flexoprint use the new cost information from its activity-based costing system to better manage its business? Print Done k Answer Clear All Check Answer r Quest Data Table -X on its Flexor LOV A Calcul hearest ce 2 Number of printing jobs 3 Price per job 4 Cost of supplies per job 5 Direct labor costs per job 6 Printing machine-hours per job Syste per jo uring B D E Cause-and-Effect Relationship Between Standard Job Special Job Total Allocation Base and Activity Cost 2 200 1,100 $ 1,700 $ 2,000 $ 220 $ $ 220$ 260 10 10 Indirect costs of operating printing machines $ 693,000 increase with printing machine-hours 300 cated 9 7 Cost of printing machine operations 8 Setup-hours per job 9 Setup costs 10 Total number of purchase orders $ 680,000 Indirect setup costs increase with setup-hours 300 400 Indirect nurhacer care incoace with number nber in the Print Done Answer hing Data Table $ 220 $ 260 5 Direct labor costs per job 6 Printing machine-hours per job 10 10 Indirect costs of operating printing machines $ 693,000 increase with printing machine-hours alcu 8 9 Syste 7 Cost of printing machine operations 8 Setup-hours per job 9 Setup costs 10 Total number of purchase orders 300 Ser jo aring 11 Purchase order costs ecated $ 660,000 Indirect setup costs increase with setup-hours 400 Indirect purchase order costs increase with number $ 20,300 of purchase orders Design costs are allocated to standard and special jobs based on a special study of the design 34,000 $ 49,000 department 5% $ 297.000 Demand for administrative resources increases $ 354,200 with direct labor costs s 15,000 $ 12 Design costs 13 Marketing costs as a percentage of revenues 5% 14 Administration costs mber in the Print Done Answer ning all printing press that prints leaflets, brochures, and advertising materials, nting jobs as standard jobs or special jobs. mal information.) To see how activity-based costing would affect the costs of standard and special jobs, F the following information for the fiscal year 2017 that just ended. (Click the icon to view the information.) Read the requirements st 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 neare * More Info Job Standard - per job ob Flexoprint's simple job-costing system has two direct-cost categories (direct materials and direct labor) and a single indirect cost pool. Flexoprint operates at capacity and allocates all indirect costs using printing machine-hours as the allocation base. Flexoprint 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. Flexoprint'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 t fields and then click Check Answer Print Done Check Answer Flexoprint Corporation owns a small printing press that prints leaflets, brochures, and advertising materials. Flexoprint classifies its various printing jobs as standard jobs or special jobs. (Click the icon to view additional information.) To see how activity-based costing would affect the following information for the fiscal year 2012 (Click the icon to view the information.) Read the fequitamana 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, > Standard Job Simple Costing System Cost of supplies per job Direct manufacturing labor cost per job Indirect cost allocated to each job Total costs Enter any number in the edit fields and then click Check Answer Clear All 10 parts remaining ts leaflets, brochures, and advertising materials. Os or special jobs. To see how activity-based costing would affect the costs of standard and special jobs, Flexoprint collects the following information for the fiscal year 2017 that just ended. (Click the icon to view the information.) Read the requirements. 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.) d 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 Flexoprint use the new cost information from its activity-based costing system to better manage its business? Print Done k Answer Clear All Check Answer r Quest Data Table -X on its Flexor LOV A Calcul hearest ce 2 Number of printing jobs 3 Price per job 4 Cost of supplies per job 5 Direct labor costs per job 6 Printing machine-hours per job Syste per jo uring B D E Cause-and-Effect Relationship Between Standard Job Special Job Total Allocation Base and Activity Cost 2 200 1,100 $ 1,700 $ 2,000 $ 220 $ $ 220$ 260 10 10 Indirect costs of operating printing machines $ 693,000 increase with printing machine-hours 300 cated 9 7 Cost of printing machine operations 8 Setup-hours per job 9 Setup costs 10 Total number of purchase orders $ 680,000 Indirect setup costs increase with setup-hours 300 400 Indirect nurhacer care incoace with number nber in the Print Done Answer hing Data Table $ 220 $ 260 5 Direct labor costs per job 6 Printing machine-hours per job 10 10 Indirect costs of operating printing machines $ 693,000 increase with printing machine-hours alcu 8 9 Syste 7 Cost of printing machine operations 8 Setup-hours per job 9 Setup costs 10 Total number of purchase orders 300 Ser jo aring 11 Purchase order costs ecated $ 660,000 Indirect setup costs increase with setup-hours 400 Indirect purchase order costs increase with number $ 20,300 of purchase orders Design costs are allocated to standard and special jobs based on a special study of the design 34,000 $ 49,000 department 5% $ 297.000 Demand for administrative resources increases $ 354,200 with direct labor costs s 15,000 $ 12 Design costs 13 Marketing costs as a percentage of revenues 5% 14 Administration costs mber in the Print Done Answer ning all printing press that prints leaflets, brochures, and advertising materials, nting jobs as standard jobs or special jobs. mal information.) To see how activity-based costing would affect the costs of standard and special jobs, F the following information for the fiscal year 2017 that just ended. (Click the icon to view the information.) Read the requirements st 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 neare * More Info Job Standard - per job ob Flexoprint's simple job-costing system has two direct-cost categories (direct materials and direct labor) and a single indirect cost pool. Flexoprint operates at capacity and allocates all indirect costs using printing machine-hours as the allocation base. Flexoprint 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. Flexoprint'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 t fields and then click Check Answer Print Done Check

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