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Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,600,000. Information regarding resources for the month follows. Resources Used Resources Supplied Parts
Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,600,000. Information regarding resources for the month follows. Resources Used Resources Supplied Parts management Energy $ 64,000 $ 73,000 103,000 103,000 Quality inspections 95,000 101,000 Long-term labor 50,000 74,000 Short-term labor 36,000 55,000 Setups 137,000 210,000 Materials 310,000 310,000 Depreciation 110,000 210,000 Marketing 144,000 156,000 Customer service 20,000 44,000 Administrative 119,000 140,000 In addition, Leidenheimer spent $55,000 on 50 engineering changes with a cost-driver rate of $1,100 and $61,600 on 8 outside contracts with a cost driver rate of $7,700. 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: 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 an activity-based income statement. Costs Unit Batch Product and customer sustaining Capacity sustaining Total costs Activity-Based Income Statement Resources Used Unused Resource Capacity Resources Supplied
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