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This is a 3 Part question. can you please provide an answer for each part. Thank you part * (y maritiv) Assume you are now
This is a 3 Part question. can you please provide an answer for each part. Thank you part * (y maritiv) Assume you are now also able to uncover the following information for the year. Textbooks are printed on standard A4 paper which costs $26 per ream of 500 sheets. Novels are printed on recycled A4 paper, which is cut to A5 size (i.e. 4 book pages are printed on each A4 page ( 2 per side) and the A4 page is cut in halt after printing). The recycled paper costs $14 per ream of 500 sheets. Both textbooks and novels are finished with a light cardboard cover. These covers cost $60 for a pack of 50 covers. On average, 50% of Children's books are printed on recycled paper and 50% are printed on standard paper. All chaldren's books are a standard A4 size and finished with a heavy cardboard cover. The heavy cardboard covers cost $32 per pack of 20. Each customer order is printed as a single batch run, with the number of units determined by the type of book (see summarised below). Using the additional information, calculate the following. B2. Assume Vanity Press now decides to use only three (3) cost activity categories (i.e. three cost pools) to allocate indirect costs: cust orders, sheets of paper printed, and labour hours. Identify the application rate for each cost pool. (Round your answers to whole dollars Costdriver-numberofordersCostdriver-numberofsheetsRate=$Rate=$ Cost driver-number of labour hours Rate =$ B3. What was the average cost, price and profit for each book: (Hint: round costs to the nearest cent) B4. What is the total revenue, total cost and total profit, by product line? (Round to the nearest dollar) B5. Which product line appears to be the most profitable given this additional information? B6. Which product line appears to be the least profitable given this additional information? B7. If Vanity stopped making the least prontable product line and continued the other two at the same level, total profit would R8. If Vp can only take one action (only) to maximise the bottom ine, what should this action be? part * (y maritiv) Assume you are now also able to uncover the following information for the year. Textbooks are printed on standard A4 paper which costs $26 per ream of 500 sheets. Novels are printed on recycled A4 paper, which is cut to A5 size (i.e. 4 book pages are printed on each A4 page ( 2 per side) and the A4 page is cut in halt after printing). The recycled paper costs $14 per ream of 500 sheets. Both textbooks and novels are finished with a light cardboard cover. These covers cost $60 for a pack of 50 covers. On average, 50% of Children's books are printed on recycled paper and 50% are printed on standard paper. All chaldren's books are a standard A4 size and finished with a heavy cardboard cover. The heavy cardboard covers cost $32 per pack of 20. Each customer order is printed as a single batch run, with the number of units determined by the type of book (see summarised below). Using the additional information, calculate the following. B2. Assume Vanity Press now decides to use only three (3) cost activity categories (i.e. three cost pools) to allocate indirect costs: cust orders, sheets of paper printed, and labour hours. Identify the application rate for each cost pool. (Round your answers to whole dollars Costdriver-numberofordersCostdriver-numberofsheetsRate=$Rate=$ Cost driver-number of labour hours Rate =$ B3. What was the average cost, price and profit for each book: (Hint: round costs to the nearest cent) B4. What is the total revenue, total cost and total profit, by product line? (Round to the nearest dollar) B5. Which product line appears to be the most profitable given this additional information? B6. Which product line appears to be the least profitable given this additional information? B7. If Vanity stopped making the least prontable product line and continued the other two at the same level, total profit would R8. If Vp can only take one action (only) to maximise the bottom ine, what should this action be
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