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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 Cost Driver Volume Resources used

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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 Cost Driver Volume Resources used Energy Repairs Resources supplied Energy Repairs $ $ 0.80 per machine-hour 11 per job 4,500 machine-hours 1,000 jobs $ 8,000 $13,100 Sales revenue from finishing totaled $41,000. Required: 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 Finishing sales Energy costs Repair costs Operating profit Required A Required B Prepare an activity-based income statement. Activity-Based Income Statement Unused Resources Resource Resources Used Capacity Supplied Finishing sales Costs Volume related - Energy Batch related - Repairs Total costs $ 0 % 0 % 0 Finishing operating profits

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