Question 4, E5-25 (simil... Part 1 of 11 > HW Score: 47.37%, 18.95 of 40 points O Points: 0 of 10 @ Save Digiprint Corporation owns a small printing press that prints leaflets, brochures, and advertising materials Digiprint 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 costs of standard and special jobs, Digiprint collects the following information for the fiscal year 2020 that just ended (Click the icon to view the information) Read the requirements Job 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, XXXX and your final answers to the nearest cent XXX) Standard Simple Costing System Cost of supplies per job Direct manufacturing labor cost per job Indirect cost allocated to each job Total costs Do Data table B C D E Cause-and-Effect Relationship Between Allocation Base and Activity Cost Standard Special Job Job 1 Total 1,200 600 1,800 $ 2.200 2 Number of printing jobs 3 Price per job $ 4 Cost of supplies per job S 5 Direct labor costs per job $ Printing machine-hours 6 per job 240$ 330 140$ 210 10 10 Indirect costs of operating printing machines increase with printing $ 450,000 machine hours Cost of printing machine 7 operations 8 Setup-hours per job 6 8 Indirect setup costs $ 336,000 increase with setup.hours 9 Setup costs Total number of 10 purchase orders 370 470 Indirect purchase order Data table Cost of printing machine 7 operations 8 Setup-hours per job PIPEVI'S printing machines increase with printing $ 450,000 machine-hours 6 6 8 Indirect setup costs S 336,000 increase with setup-hours 9 Setup costs tal imber of 10 purchase orders 11 Purchase order costs 370 470 Indirect purchase order costs increase with number of purchase $ 27720 orders Design costs are allocated to standard and special jobs based on a special study of the 13,000 $ 34,000 $47.000 design department $ 12 Design costs Marketing costs as a 13 percentage of revenues 6% 6% $ 208,800 Demand for Ndministrative resources increases with direct labor costs 14 Administration costs $ 126,420 ( More info Digiprint Cor eaflets, broc Classifies its obs Click the Digiprint's simple job-costing system has two direct-cost categories (direct materials and direct labor) and a single indirect-cost pool. Digiprint operates at capacity and allocates all indirect costs using printing machine-hours as the allocation base. Digiprint 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. Digiprint'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 Requiremen car Requirements sil D In 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 cost 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? A minh Disinin the noun information team in handling utama To Requirements 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 Digiprint use the new cost information from its activity based costing system to better manage its business
