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Conlon Enterprises reports the following information about resources. Cost Driver Rate Cost Driver Volume Resources used Setups $ Clerical 345 per run 60 per page
Conlon Enterprises reports the following information about resources. Cost Driver Rate Cost Driver Volume Resources used Setups $ Clerical 345 per run 60 per page 400 runs 2,000 pages typed Resources supplied Setups Clerical $142,250 130,100 Sales revenue totaled $290,000. Required: a. Prepare a traditional income statement. b. Prepare an activity-based income statement. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a traditional income statement. Traditional Income Statement Sales revenue Setup costs Clerical costs Operating profit Required A Required B Prepare an activity-based income statement. Activity-Based Income Statement Sales revenue Costs Volume related - Clerical Batch related - Setups Total costs Operating profits Resources Used Unused Resource Resources Supplied Capacity
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