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Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,700,000. Information regarding resources for the month follows. Resources Used Resources Supplied Parts
Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,700,000. Information regarding resources for the month follows. Resources Used Resources Supplied Parts management Energy Quality inspections $ 58,000 $ 73,000 110,000 110,000 90,000 104,000 Long-term labor 52,000 69,000 Short-term labor 44,000 55,000 Setups 139,000 220,000 Materials 310,000 310,000 Depreciation 110,000 220,000 Marketing 142,000 168,000 Customer service 18,000 42,000 Administrative 109,000 133,000 In addition, Leidenheimer spent $50,000 on 50 engineering changes with a cost-driver rate of $1,000 and $58,400 on 8 outside contracts with a cost driver rate of $7,300. 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 < Required A Required B > Complete this question by entering your answers in the tabs below. Required A Required B Prepare an activity-based income statement. Activity-Based Income Statement Costs Unit Batch Product and customer sustaining Resources Used Unused Resource Capacity Resources Supplied Capacity sustaining Total costs < Required A Required B
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