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Abbott Business Services ( ABS ) generated revenue of $ 6 5 3 , 8 0 0 processing accounts payable and payroll transactions for clients.
Abbott Business Services ABS generated revenue of $ processing accounts payable and payroll transactions for clients. ABS
reports the following information about resources in two functions:
Required:
a Compute the cost of unused resource capacity at Abbott Business Services.
b Prepare a traditional income statement.
c Prepare an activitybased income statement.
Complete this question by entering your answers in the tabs below.
Prepare an activitybased income statement.
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