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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 $ 0.70 per machine-hour 12
Tri-State Mill uses a special sander to finish lumber. Data on the sander and its usage follow. Cost Driver Rate $ 0.70 per machine-hour 12 per job Resources used Energy Repairs Resources supplied Energy Repairs Cost Driver volume 4,888 machine-hours 950 jobs $ $ 7,900 $13,000 Sales revenue from finishing totaled $40,000. Required: a. Prepare a traditional Income statement. b. Prepare an activity-based Income statement
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