Conlon Enterprises reports the following information about resources.
Cost Driver Rate | Cost Driver Volume | ||||
Resources used | |||||
Setups | $ | 305 | per run | 360 | runs |
Clerical | 45 | per page | 1,200 | pages typed | |
Resources supplied | |||||
Setups | $ | 113,650 | |||
Clerical | 69,200 | ||||
Sales revenue totaled $250,000.
A. Prepare a traditional income statement.
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B. Prepare an activity-based income statement.
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