Requirements 1. Use the simple costing system to prepare a product-line profitability report for FS 2. Use the ABC system to prepare a product-line profitability report for FS. 3. What new insights does the ABC system in requirement 2 provide to FS managers? Requirement 1. Use the simple costing system to prepare a product-line profitability report for FS. (Round the percentages to the nearest hundredth percent XXX%) Milk and Baked Goods Fruit Juice Frozen Products Total Enter any number in the edit fields and then click Check Answer - Goods Fruit Juice Products To Requirement 1. Use the simple costing system to prepare a product-line profitability report for Upper FFS. +- (Round the percentages to the nearest hundredth percent, XXX%) Milk and Frozen Baked Goods Fruit Juice Products Total Revenues Costs Cost of goods sold Store support Total costs Operating income Operating income Revenues LLLLLLLL LLLLLLLLLLLLLLLLLL LLL L Andactarea iisane nf the 0 More Info Ordering Delivery and receipt of merchandise Shelf-stocking Customer support and assistance $100 per purchase order $80 per delivery $20 per hour $0.20 per item sold MK and Fruit Juice Frozen Products Baked Goods 58,500 $ 38,000 $ 11,400 $ 63,000 $ 47,000 $ 14.100 S 51,000 35,000 10.500 Financial data Revenues Cost of goods sold Store support Activity-area usage (cost-allocation base) Ordering (purchase orders) Delivery (deliveries) Shelf-stocking (hours) Customer support (items sold) 38 183 166 15.500 20.500 7.900