Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,720,000. Information regard
Posted: Fri Jul 01, 2022 8:30 am
statement. b. Prepare an activity-based income statement. Complete this question by entering your answers in the tabs below. on 8 outside
Required A Required B Prepare a traditional income statement. Total costs Traditional Income Statement $ 0
Required A Required B Prepare an activity-based income statement. Costs Unit Batch Product and customer sustaining Activity-Based Income Statement Unused Resource Capacity Resources Used $ $ 0 $ 0 $ Resources Supplied 0 $ 0 $ 0 0
Batch Product and customer sustaining Capacity sustaining Total costs SA $ $ $ 0 $ 0 $ 0 $ 0 $ 0 $ < Required A 0 $ 0 $ 0 $ OO $ $ 0 0 0 0 Required B 0
Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,720,000. 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 $ 57,000 102,000 91,000 53,000 39,000 Required A Required B 139,000 330,000 120,000 137,000 16,000 114,000 Resources Supplied $ 68,000 102,000 106,000 65,000 54,000 200,000 330,000 200,000 160,000 39,000 142,000 In addition, Leidenheimer spent $50,000 on 50 engineering changes with a cost-driver rate of $1,000 and $62,40 contracts with a cost driver rate of $7,800. Required: Management has requested that you do the following: a. Prepare a traditional income Required A Required B Prepare a traditional income statement. Total costs Traditional Income Statement $ 0
Required A Required B Prepare an activity-based income statement. Costs Unit Batch Product and customer sustaining Activity-Based Income Statement Unused Resource Capacity Resources Used $ $ 0 $ 0 $ Resources Supplied 0 $ 0 $ 0 0
Batch Product and customer sustaining Capacity sustaining Total costs SA $ $ $ 0 $ 0 $ 0 $ 0 $ 0 $ < Required A 0 $ 0 $ 0 $ OO $ $ 0 0 0 0 Required B 0