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Conlon Enterprises reports the following information about resources. Cost Driver Rate Cost Driver Volume Resources used Setups $ 350 per run 405 runs Clerical
Conlon Enterprises reports the following information about resources. Cost Driver Rate Cost Driver Volume Resources used Setups $ 350 per run 405 runs Clerical 40 per page 2,100 pages typed Resources supplied Setups Clerical $144,750 92,000 Sales revenue totaled $295,000. 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 >
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