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Tri-State Mill uses a special sander to finish lumber. Data on the sander and its usage follow. Cost Driver Rate Resources used Energy Repairs Resources

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Tri-State Mill uses a special sander to finish lumber. Data on the sander and its usage follow. Cost Driver Rate Resources used Energy Repairs Resources supplied Energy Repairs $ 0.90 per machine-hour $ 16.00 per job Cost Driver Volume 6,000 machine-hours 600 jobs $ 6,900 12,000 Sales revenue from finishing totaled $30,000. Required: 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 Finishing sales Energy costs Repair costs 0 Sales revenue from finishing totaled $30,000. Required: 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 Finishing sales Energy costs Repair costs Operating profit 0 Complete this question by entering your answers in the tabs below. Required A Required B Prepare an activity-based income statement. Resources Supplied Activity-Based Income Statement Unused Resources Resource Used Capacity Finishing sales Costs Volume related - Energy Batch related - Repairs Total costs $ Finishing operating profits 0 0 $ 0 $

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