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Conlon Enterprises reports the following information about resources. Resources used Setups Clerical Resources supplied Setups Clerical Cost Driver Rate Cost Driver Volume 355 runs
Conlon Enterprises reports the following information about resources. Resources used Setups Clerical Resources supplied Setups Clerical Cost Driver Rate Cost Driver Volume 355 runs $ 300 per run 40 per page $110,300 59,100 1,100 pages typed Sales revenue totaled $245,000. 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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a Traditional Income Statement Sales Revenue 245000 Cost of Goods Sold Setups 355 runs x 300 per run ...Get Instant Access to Expert-Tailored Solutions
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