Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,730,000. Information regard

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Leidenheimer Corporation Manufactures Small Airplane Propellers Sales For Year 2 Totaled 1 730 000 Information Regard 1 (29.55 KiB) Viewed 26 times

Leidenheimer Corporation Manufactures Small Airplane Propellers Sales For Year 2 Totaled 1 730 000 Information Regard 2 (43.08 KiB) Viewed 26 times

Leidenheimer Corporation Manufactures Small Airplane Propellers Sales For Year 2 Totaled 1 730 000 Information Regard 3 (43.08 KiB) Viewed 26 times

Leidenheimer Corporation Manufactures Small Airplane Propellers Sales For Year 2 Totaled 1 730 000 Information Regard 4 (71.91 KiB) Viewed 26 times

Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,730,000. Information regarding resources for the month follows. Parts management Energy Quality inspections Long-term labor Short-term labor Setups Materials Depreciation Marketing Customer service Administrative Resources Used $ 62,000 106,000 95,000 52,000 42,000 137,000 310,000 110,000 134,000 17,000 120,000 Resources Supplied $ 69,000 106,000 108,000 70,000 59,000 200,000 310,000 200,000 169,000 41,000 131,000 In addition, Leidenheimer spent $58,500 on 45 engineering changes with a cost-driver rate of $1,300 and $63,200 on 8 outside contracts with a cost driver rate of $7,900. Required: Management has requested that you do the following: 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 Sales revenue Parts management Energy Quality Inspections Long-term labor Short-term labor Setups Materials Depreciation Marketing Customer service Administrative Engineering changes Outside contracts Total costs Operating profit $ 69,000 106,000 108,000 70,000 59,000 200,000 310,000 200,000 169,000 41,000 131,000 58,500 63,200 $1,730,000 $ + 1,584,700 145,300 Required A Required B>

3:42:39 Prepare an activity-based income statement. Sales revenue Costs Unit Parts management Energy Short-term labor Materials Outside contracts Batch Quality Inspections i Setups Product and customer sustaining Marketing Customer service Engineering changes Capacity sustaining Long-term labor Depreciation / Administrative Total costs Operating profit Activity-Based Income Statamant Unused Resource Capacity Rasources Used $ $ $ S $ 62,000 62,000 $ 0$ $ OS 62,000 $ <Required A Resources Supplied 0 $ 08 0 $ 0 $ 0$ 0 0 D 0 $ 1,730,000 0 $ 1,730,000