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 $ 0.80 per machine-hour 8,500 machine-hours Repairs $ 16 per job 750 jobs Resources supplied Energy $ 8,800 Repairs $ 13,900 Sales revenue from finishing totaled $49,000. Required: a. Prepare a traditional income statement. b. Prepare an activity-based income statement.
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Tri-State Mill uses a special sander to finish lumber. Data on the sander and its usage follow. Cost...
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