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Conlon Enterprises reports the following information about resources. Cost Driver Rate Cost Driver Volume Resources used Setups $ 330 per run 385 runs Clerical 45
Conlon Enterprises reports the following information about resources.
| Cost Driver Rate | Cost Driver Volume | ||||
| Resources used | |||||
| Setups | $ | 330 | per run | 385 | runs |
| Clerical | 45 | per page | 1,700 | pages typed | |
| Resources supplied | |||||
| Setups | $ | 131,150 | |||
| Clerical | 92,200 | ||||
Sales revenue totaled $275,000.
a. Prepare a traditional income statement.
b. Prepare an activity-based income statement.
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