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I need help with this accounting problem Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,680,000. Information regarding resources for the month
I need help with this accounting problem
Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,680,000. Information regarding resources for the month follows. Parts management Quality inspections Long-term labor Short-term labor Setups Materials Depreciation Marketing Customer service Administrative Resources Used $ 58,000 110,000 87,000 54,000 44,000 141,000 310,000 110,000 144,000 16,000 110,000 Resources Supplied $ 69,000 110,000 110,000 71,000 57,000 200,000 310,000 200,000 167,000 37,000 135,000 In addition, Leidenheimer spent $40,500 on 45 engineering changes with a cost-driver rate of $900 and $62,400 on 8 outside contracts with a cost driver rate of $7,800 Required: Management has requested that you do the following: 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 Total costs 0 $ 0 Required A Required B > Required: Management has requested that you do the following: 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 Required B Prepare an activity-based Income statement. Activity-Based Income Statement Unused Resources Used Resource Capacity Resources Supplied Costs 0 $ 0 $ Batch 0 $ Product and customer sustaining 0 $ 0 $ Capacity sustaining 0 0 $ 0 $ 0 $ 0 $ Total costs 01
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