Required:Prepare a product-line profitability report for SFS under the current costing system.Prepare a product-line profitability...

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Accounting

Required:
Prepare a product-line profitability report for SFS under the current costing system.
Prepare a product-line profitability report for SFS using the ABC information the controller provides.
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Prepare a product-line profitability report for SFS under the current costing system. (Loss amounts should be indicated by a minus sign. Round operating margin (loss) ?to 2 ?decimal places (i.e. 0.2134 ?should be entered as 21.34% ).)
\table[[,Frozen Food,,Baked Goods,Fresh Produce],[Sales,$,148,000,,$,142,000,,$,211,000,],[Cost of goods sold,,128,000,,,104,000,,,153,000,],[Gross margin,$,20,000,,$,38,000,,$,58,000,],[Store support,,20,720,,,19,880,,,29,540,],[Operating income (loss),$,720,,$,18,120,,$,28,460,],[Operating margin (loss),,,%,,,%,,,%]]
Required 1
Required 2
Prepare a product-line profitability report for SFS using the ABC information the controller provides. (Loss amounts should be indicated by a minus sign. Round operating margin (loss) ?to 2 ?decimal places (i.e. 0.2134 ?should be entered as 21.34% ). ?Round all other answers to nearest whole dollar.)
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