Speediprint Corporation owns a small printing press that prints leaflets, brochures, and To see how activity-based cosing would aflect the costs of standard and special jobs; advertising materials. Speedprint classifies its various printing jobs as standard jobs or special Speodiprint collocts the following information for the fsed year 2020 that just ended jobs. (Cick the icon to view additional information) (Clek the lcon to view the information) Read the teruirements. Requirement 1. Calculate the cost of a standand job and a special job under the simple costing system. (Round intermen calculatons to three decimal places, Xxx and your firtal answers to the nearest cent, .) Data table More info Speediprint's simple job-costing system has two direct-cost categories (direct materials and direct labor) and a single indirect-cost pool. Speediprint operates at capacity and allocates all indirect costs using printing machine-hours as the allocation base. Speediprint 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. Speediprint'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. 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 Speediprint use the new cost information from its activity-based costing system to better manage its business