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Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,690,000. Information regarding resources for the month follows. Parts management Energy Quality inspections Long-term
Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,690,000. Information regarding resources for the month follows. Parts management Energy Quality inspections Long-term labor Short-term labor Setups Materials Depreciation Marketing Customer service Administrative Resources Used $ 60,000 110,000 93,000 49,000 42,000 143,000 320,000 120,000 133,000 21,000 113,000 Resources Supplied $ 73,000 110,000 102,000 70,000 59,000 210,000 320,000 210,000 167,000 40,000 143,000 In addition, Leidenheimer spent $40,500 on 45 engineering changes with a cost-driver rate of $900 and $63,200 on 8 outside contracts with a cost driver rate of $7,900. Required: Management has requested that you do the following: a. Prepare a traditional income statement. b. Prepare an activity-based income statement. Required A Required B Prepare a traditional income statement. Traditional Income Statement Total costs
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