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Supermart Food Stores (SFS) has experlenced net operating losses in its frozen food products line In the last few perlods. Management belleves that the store

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Supermart Food Stores (SFS) has experlenced net operating losses in its frozen food products line In the last few perlods. Management belleves that the store can Improve its profitability If SFS discontinues frozen foods. The operating resuits from the most recent period are: SFS estimates that store support expenses, In total, are approximately 20% of revenues. The controller says that not every sales dollar requires or uses the same amount of store support activities. A prellminary analysis reveals store support activities for these three product lines are: The controller estimates activity-cost rates for each activity as follows: Required: 1. Prepare a product-line profitabilty report for SFS under the current costing system. 2. Prepare a product-line profitablilty report for SFS using the ABC information the controller provides. Complete this question by entering your answers in the tabs below. Prepare a product-line profitability report for SFS under the current costing system. (toss amounts should be indicited oy a minus sign, Round operating margin (lons) to 2 decimal places (1.e. 2134 should be entered at 21.3496) ) Supermart Food Stores (SFS) has experienced net operating losses in its trozen food products line in the last few periods. Management belleves that the store can Improve its proftability if SFS discontinues frozen foods. The operating results from the mos recent perlod are: SFS estimates that store support expenses, In total, are approximately 20% of revenues. The controller says that not every sales dollar requires or uses the same amount of store support activites. A prellminary analysis reveals store support activittes for these three product lines are: The controller estimates activity-cost rates for each actlvity as follows: Required: 1. Prepare a product-line profitability report for SFS under the current costing system. 2. Prepare a product-lline profitability report for SFS using the ABC Information the controller provides. Complete this question by entering your answers in the tabs below. Prepare a product-line profitability report for SFS USMig the ABC information the controlier provides. (Loss amounts should be indicated by a minus sign. Round operating margin (loss) to 2 decimal places (i.e. 2134 should be entered as 21,3446)- Round your other answers to nearest whole doliar.)

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