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Exercise 10-39 Resources Used versus Resources Supplied (LO 10-5, 6) Tri-State Mill uses a special...

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Exercise 10-39 Resources Used versus Resources Supplied (LO 10-5, 6) 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 $ 0.6 per machine-hour $14 per job 9,000 machine-hours 800 jobs $ 8,900 $14,000 Sales revenue from finishing totaled $50,000 Required: a. Prepare a traditional income statement. Traditional Income Statement Finishing sales Energy costs Repair costs Operating profit b. Prepare an activity-based income statement. Activity-Based Income Statement Resources Used Unused Resource Capacity Resources Supplied Finishing sales Costs Volume related - Energy Batch related - Repairs Total costs Finishing operating profits

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