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value: 5.00 points Tri-State Mill uses a special sander to finish lumber. Data on the sander and its usage follow Cost Driver Rate Cost Driver
value: 5.00 points 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 $ 0.7 per machine-hour 5,000 machine-hours 19 per job 500 jobs 7,000 $12,100 Sales revenue from finishing totaled $31,000 Required a. Prepare a traditional income statement. Finishing sales Energy costs Repair costs Operating profit b. Prepare an activity-based income statement. Activity-Based Income Statement Unused Resources Finishing sales Costs Volume related Energy Batch related Repairs Total costs Finishing operating profits
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