Since I did the first part wrong, I want to ask for the second empty part.

Lopez Plastics Company makes just two product lines, plastic casings for pens and plastic casings for cell phones. Based on new information, management has adjusted the percentages that apply to the first stage of the ABC system as shown below. E: (Click the icon to view the new data.) Requirement 1. Prepare a schedule that shows the gross margin for both products. The company has implemented an Activity-Based Cost allocation system. (Click the icon to view data about the business.) (Click the icon to view the process map.) (Click the icon to view the ABC reports.) (Click the icon to view the traditional cost reports.) 1. Prepare a schedule that shows the gross margin for both products Begin by allocating the indirect resources to the cost pools. First identify the formula labels, then compute the allocated processing activity cost. Percent of indirect resource used = Total indirect cost 186,000 Plant and machinery 90 % Allocated cost 167,400 12,600 Engineering costs 42,000 30 % $ 180,000 Processing activity cost Next, identify the formula labels, then compute the allocated production support cost. Total indirect cost X Percent of indirect resource used Allocated cost % Plant and machinery Engineering costs X % Production support cost Enter any number in the edit fields, then click Check Answer. ? Data Table - Percent of Resource Used In Processing activity Production support activity Indirect Resource Plant and Machinery Engineers and CAD Equipment 90% 30% 10% 70% Print Done i Data Table Financial Reports for Lopez Plastics Company Activity Based Cost Allocation System Panel B Panel A Contribution to Corporate Costs and Profit Statement of Operating Income [Internal Strategic Decision-Making and [External Reporting Purpose] Operational-Control Purpose] Pen Casings Cell Phone Casings Sales 470,000 $ 370,000 100,000 Cost of goods sold: Direct material 34,700 22,100 12,600 Direct labor 147,900 133,000 14,900 Process activity 147,900 133,110 * 14,790 Production-support activity 80,100 16,020 64,080 Cost of goods sold 410,600 304,230 106,370 $ Gross profit 59,400 65,770 $ (6,370) Corporate expenses (Unallocated): 70,000 Data Table [External Reporting Purpose] Operational-Control Purpose] Pen Casings Cell Phone Casings Sales $ 470,000 $ 370,000 100,000 Cost of goods sold: Direct material 34,700 22,100 12,600 Direct labor 147,900 133,000 14,900 Process activity 147,900 133, 110 14,790 80,100 Production-support activity 16,020 64,080 Cost of goods sold 410,600 304,230 106,370 Gross profit $ 59,400 $ 65,770 $ (6,370) Corporate expenses (Unallocated): 70,000 $ Operating loss (10,600) 12.64 17.78 Gross profit margin % (6.37) % % * The cost driver is direct labor hours. The company used 4500/(4500+500) direct labor to produce pen casings. + The cost driver is distinct parts. The company used 5/(20+5) distinct parts to produce pen casings. Print Done i -X Data Table Financial Reports for Lopez Plastics Company Traditional Cost Allocation System Panel B Panel A Contribution to Corporate Costs and Profit Statement of Operating Income [Internal Strategic Decision-Making and [External Reporting Purpose] Operational-Control Purpose] Pen Casings Cell Phone Casings Sales 470,000 $ 370,000 $ 100,000 Cost of goods sold: Direct material 34,700 22,100 12,600 Direct labor 147,900 133,000 14,900 Indirect Manufacturing 228,000 205,200 22,800 Cost of goods sold 410,600 360,300 50,300 $ Gross profit 59,400 9,700 $ 49,700 Corporate expenses (Unallocated): 70,000 Print Done [External Reporting Purpose] Operational Control Purpose] Pen Casings Cell Phone Casings 370,000 $ 100,000 $ 470,000 $ $ 34,700 147,900 22,100 133,000 12,600 14,900 228,000 205,200 22,800 Sales Cost of goods sold: Direct material Direct labor Indirect Manufacturing Cost of goods sold Gross profit Corporate expenses (Unallocated): Operating loss Gross profit margin 410,600 50,300 360,300 9,700 59,400 49,700 70,000 (10,600) 12.64 % 2.62 % 49.70% ** Of the $228,000 total indirect manufacturing costs, engineering related costs are $42,000. Print Done