Question: Please fill out this chart based on the given information and explain how numbers were calculated (it is an activity-based costing system chart) Calculate the
Please fill out this chart based on the given information and explain how numbers were calculated (it is an activity-based costing system chart)



Calculate the product margins for both products Spicy and not rolls using the activity-based costing system. Calculate the product margins on a total and per-unit basis using the following Spicy Hot Sales $000. $000. Direct Costs Direct Materials $000. $000. Direct Labor 000. 000. Variable Selling Expense 000. 000. Overhead Costs Supporting Direct Labor 000. 000. Processing Orders 000. 000. Customer Accommodations 000. 000. Total Cost 000. 000. Product Margin $000. $000. Average Product Margin per Unit $ 00. $ 00. HOT Rols Income Statement year ended January 20, 2021 Sales $2,160,000 Cost of Goods Sold Direct Materials $640,000 Direct Labor $192,000 Manufacturing Overhead $320,000 Total Cost of Goods Sold 1.152,000 Gross Margin 1,008,000 Selling and Administrative Expenses Variable Selling expenses Fixed Selling expenses Total administrative expenses Total Selling and Administrative Expenses 224,000 250,000 160,000 634,000 Net Operating Income $ 374,000 Units Sold Unit Selling Price Direct Materials per Unit Direct Labor Hours per Unit Direct Labor Rate per Hour Predetermined Overhead Rate (per Direct Labor Hour) Variable Selling Expenses per Unit spicy 12,000 $55 $20 0.20 $30 $50 $2 Hot 20,000 $75 $20 0.20 $30 $50 $10 Data from the activity-based costing system: Activity Cost Pool Supporting Direct labor Order Processing Customer Accommodations Organization Sustaining Activity Measure Number of Direct Labor Hours Number of Purchase Orders Number of Customer Requests Not Applicable Expected Activity spicy tot Total 2,400 4,000 6,400 300 200 500 200 0 200
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