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Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,680,000. Information regarding resources for the month follows. Resources Resources Parts management Energy Quality inspections Long-tern labor Short-term labor Setups Materials Used $ 58,000 110,000 87,000 54,000 Supplied $ 69,000 110,000 110,000 71,000 44,000 141,000 310,000 110,000 144,000 16,000 110,000 57,000 200,000 310,000 200,000 167,000 37,000 Depreciation Marketing Customer service Administrative 135,000 In addition, Leidenheimer spent $40,500 on 45 engineering changes with a cost-driver rate of $900 and $62,400 on 8 outside contracts with a cost driver rate of $7,800. Required: Management has requested that you do the following: 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 Total costs

Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,680,000. Information regarding resources for the month follows. Resources Resources Parts management Energy Quality inspections Long-tern labor Short-term labor Setups Materials Used $ 58,000 110,000 87,000 54,000 Supplied $ 69,000 110,000 110,000 71,000 44,000 141,000 310,000 110,000 144,000 16,000 110,000 57,000 200,000 310,000 200,000 167,000 37,000 Depreciation Marketing Customer service Administrative 135,000 In addition, Leidenheimer spent $40,500 on 45 engineering changes with a cost-driver rate of $900 and $62,400 on 8 outside contracts with a cost driver rate of $7,800. Required: Management has requested that you do the following: 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 Total costs

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 16E: Kildeer Company makes easels for artists. During the last calendar year, a total of 30,000 easels...
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Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,680,000. Information regarding resources for the month follows. Resources Used Resources Supplied $ 69,000 110,000 110,000 71,000 57,000 $ 58,000 110,000 87,000 Parts managenent Energy Quality inspections Long-term labor Short-term labor 54,000 44,000 141,000 310,000 110,000 144,000 16,000 110,000 200,000 310,000 200,000 167,000 Setups Materials Depreciation Marketing Customer service Administrative 37,000 135,000 In addition, Leidenheimer spent $40,500 on 45 engineering changes with a cost-driver rate of $900 and $62,400 on 8 outside contracts with a cost driver rate of $7,800. Required: Management has requested that you do the following: 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 Total costs Required A Required B >
Transcribed Image Text:Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,680,000. Information regarding resources for the month follows. Resources Used Resources Supplied $ 69,000 110,000 110,000 71,000 57,000 $ 58,000 110,000 87,000 Parts managenent Energy Quality inspections Long-term labor Short-term labor 54,000 44,000 141,000 310,000 110,000 144,000 16,000 110,000 200,000 310,000 200,000 167,000 Setups Materials Depreciation Marketing Customer service Administrative 37,000 135,000 In addition, Leidenheimer spent $40,500 on 45 engineering changes with a cost-driver rate of $900 and $62,400 on 8 outside contracts with a cost driver rate of $7,800. Required: Management has requested that you do the following: 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 Total costs Required A Required B >
Required: Management has requested that you do the following: 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 Supplied Used Сарacity Costs Unt 이 $ 이 $ Ratch Product and customer sustaining 이 $ Capacity sustaining 이 $ 이 $ 이 $ Total costs 24 < Required A Required B
Transcribed Image Text:Required: Management has requested that you do the following: 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 Supplied Used Сарacity Costs Unt 이 $ 이 $ Ratch Product and customer sustaining 이 $ Capacity sustaining 이 $ 이 $ 이 $ Total costs 24 < Required A Required B
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