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Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,660,000. 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 $1,660,000. 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 $ 60,000 104,000 87,000 54,000 42,000 135,000 320,000 130,000 134,000 19,000 118,000 Resources Supplied $ 68,000 104,000 101,000 71,000 59,000 200,000 320,000 200,000 158,000 36,000 143,000 In addition, Leidenheimer spent $49,500 on 45 engineering changes with a cost-driver rate of $1,100 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 Prepare an activity-based income statement. Activity-Based Income Statement Unused Resources Resource Used Capacity Resources Supplied Costs Unit Batch Product and customer sustaining Capacity sustaining Total costs
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