Tri-State Mill uses a special sander to finish lumber. Data on the sander and its...
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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 Energy Repairs Resources supplied Energy Repairs $ 0.68 per machine-hour $ 16 per job 7,508 machine-hours 658 jobs $ 8,600 $13,789 Sales revenue from finishing totaled $47.000. 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 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 Resources Unused Resources Used Resource Capacity Supplied Finishing sales Costs Volume related - Energy Batch related - Repairs Total costs Finishing operating profits
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