Question Help Laserprint Corporation owns a small printing press that prints leaflets, brochures, and advertising materials Laserprint classes its various printing jobs as standard jobs or specialjobs Click the icon to view additional information) to see how activity based costing would affect the costs of standard and specials the following information for the fiscal year 2017 that landed Cack the icon to view the information) Laserprint collects Read the requirements Requirement 1. Calculate the cost of a Mandard job and a special ob under the simple costing system (Found intercalations to three decimal places, XXXX and your finales to the rest cant XXX) Standard 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 1001 to view the information.) Read the requirements. da sp Hard 0 More Info | XNXX: Laserprint's simple job-costing system has two direct-cost categories (direct materials and direct labor) and a single indirect-cost pool. Laserprint operates at capacity and allocates all indirect costs using printing machine-hours as the allocation base. Laserprint 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. Laserprint'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. Print Done Check Answer Clear All iguientents. Requirements and a special job under the simple costing system. (Round interim calculations to three decimal places, XX 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 Laserprint use the new cost information from its activity-based costing system to better manage its business? Print Done click Check Answer. Clear All i Data Table Cause-and-Effect Relationship Between Allocation Base and Activity Cost Total Number of printing jobs Price per job Cost of supplies per job Direct labor costs per job Printing machine-hours per job Cost of printing machine operations Standard Job Special Job 2,200 1,100 1,000 $ 1,300 240 $ 330 190 $ 210 $ 759,000 Indirect costs of operating printing machines increase with printing machine-hours Din nd S 400.400 Indirect satun costs increase with satun-hours Setup-hours per job Setun costs ente Print Done 0 Data Table 8 Setup-hours per job Setup costs Total number of purchase orders Purchase order costs $ 400,400 Indirect setup costs increase with setup-hours 340 440 $ Design costs 9,000 $ 38,000 $ 24,180 Indirect purchase order costs increase with number of purchase orders 47,000 Design costs are allocated to standard and special jobs based on a special study of the design department 181,500 324,500 Demand for administrative resources increases 5% 5% $ Marketing costs as a percentage of revenues Administration costs $ with direct labor costs Print Done P5-31 (similar to) (0/15) P5-32 (similar to) (0/25) E5-26 (similar to) (0730)
