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Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,790,000. Information regarding resources for the month follows Used S 60,000 107,000 95,000 52,000
Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,790,000. Information regarding resources for the month follows Used S 60,000 107,000 95,000 52,000 43,000 136,000 310,000 120,000 150,000 19,000 116,000 Supplied 74,000 107,000 103,000 66.000 51,000 200,000 310,000 200,000 167,000 39,000 146,000 Energy Quality inspections Long-term labor Short-term labor Setups Materials Customer service Administrative In addition, Leidenheimer spent $70,000 on 50 engineering changes with a cost-driver rate of $1,400 and $57,600 on 8 outside contracts with a cost driver rate of $7,200 Required Management has requested that you do the following a. Prepare a traditional income statement
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