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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
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 16 per job 8,500 machine-hours 750 jobs $ 8,800 $13,900 Sales revenue from finishing totaled $49,000. Required: a. Prepare a traditional income statement. b. Prepare an activity-based income statement. 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 Required B > 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 an activity-based income statement. Activity-Based Income Statement Unused Resources Resources Resource Used Capacity Supplied Finishing sales Costs Volume related - Energy Batch related - Repairs Total costs Finishing operating profits
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