w pragmachine-hour Purchase order 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 alocates all indirect costs using printing machine-hours as the allocation base. Speediprint is concerned about the accuracy of the costs assigned lo standard and species and Pherefore is planning to implementan 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 0 0 0 D 1. Calcule the could a standards and a special 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 pob? 4. How might Speedprint use the new cost information from its activity based costing system to beter manage its business? Speediprint Corporation owns a small printing press that prints leaflets, brochures, and advertising materials. Speediprint classifies 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 special jobs, Speediprint collects the following information for the fiscal year 2017 that just ended Click the icon to view the information.) Read the requirements. w pragmachine-hour Purchase order 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 alocates all indirect costs using printing machine-hours as the allocation base. Speediprint is concerned about the accuracy of the costs assigned lo standard and species and Pherefore is planning to implementan 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 0 0 0 D 1. Calcule the could a standards and a special 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 pob? 4. How might Speedprint use the new cost information from its activity based costing system to beter manage its business? Speediprint Corporation owns a small printing press that prints leaflets, brochures, and advertising materials. Speediprint classifies 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 special jobs, Speediprint collects the following information for the fiscal year 2017 that just ended Click the icon to view the information.) Read the requirements
