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Barr Plastics makes parts for a variety of manufacturing applications. Sales last year totaled $3,070,000. Information regarding resources for the month follows. In addition, Barr
Barr Plastics makes parts for a variety of manufacturing applications. Sales last year totaled $3,070,000. Information regarding resources for the month follows. In addition, Barr spent $91,000 on 60 engineering changes with a cost-driver rate of $1,410, and $112,000 on 10 outside contracts with a cost driver rate of $11,200. Required: The CFO at Barr has requested the following: a. A traditional income statement. b. An activity-based income statement. An activity-based income statement
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