TRADITIONAL INCOME STATEMENT | |||||
Sales | $ 1,710,000.00 | ||||
Parts Management | $ 75,000.00 | ||||
Energy | $ 105,000.00 | ||||
Quality Inspection | $ 107,000.00 | ||||
Long term labour | $ 67,000.00 | ||||
Short term labour | $ 57,000.00 | ||||
Setups | $ 220,000.00 | ||||
Material | $ 300,000.00 | ||||
depreciation | $ 220,000.00 | ||||
Marketing | $ 163,000.00 | ||||
Customer Service | $ 41,000.00 | ||||
Administrative | $ 141,000.00 | ||||
Engineering Changes | $ 50,000.00 | ||||
Outside Cntracts | $ 60,000.00 | ||||
Total Cost | $ 1,606,000.00 | ||||
Operating Profit | $ 104,000.00 | ||||
ACTIVITY BASED INCOME STATEMENT | |||||
Sales | $ 1,710,000.00 | ||||
Resources Used | Unused Resource Capacity | Resources Supplied | |||
Units | |||||
Parts Management | $ 59,000.00 | $ 16,000.00 | $ 75,000.00 | ||
Energy | $ 105,000.00 | $ - | $ 105,000.00 | ||
Short term labour | $ 41,000.00 | $ 16,000.00 | $ 57,000.00 | ||
Material | $ 300,000.00 | $ - | $ 300,000.00 | ||
Outside Cntracts | $ 60,000.00 | $ - | $ 60,000.00 | ||
$ 565,000.00 | $ 32,000.00 | $ 597,000.00 | |||
Batch | |||||
Quality Inspection | $ 89,000.00 | $ 18,000.00 | $ 107,000.00 | ||
Setups | $ 143,000.00 | $ 77,000.00 | $ 220,000.00 | ||
$ 232,000.00 | $ 95,000.00 | $ 327,000.00 | |||
Product and Customer Sustaining | |||||
Marketing | $ 148,000.00 | $ 15,000.00 | $ 163,000.00 | ||
Customer Service | $ 23,000.00 | $ 18,000.00 | $ 41,000.00 | ||
Engineering Changes | $ 50,000.00 | $ - | $ 50,000.00 | ||
$ 221,000.00 | $ 33,000.00 | $ 254,000.00 | |||
Capacity Sustaining | |||||
Long term labour | $ 54,000.00 | $ 13,000.00 | $ 67,000.00 | ||
depreciation | $ 120,000.00 | $ 100,000.00 | $ 220,000.00 | ||
Administrative | $ 117,000.00 | $ 24,000.00 | $ 141,000.00 | ||
$ 291,000.00 | $ 137,000.00 | $ 428,000.00 | |||
Total Cost | $ 1,309,000.00 | $ 297,000.00 | $ 1,606,000.00 | $ 1,606,000.00 | |
Operating Profit | $ 104,000.00 | ||||
Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,710,000. Information regarding resources for...
Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,690,000. Information regarding resources for the month follows: Resources Used Resources Supplied 74,000 101,000 110,000 73,000 50,000 200,000 330,000 200,000 166,000 43,000 143,000 Parts management $ 64,000 101,000 91,000 49,000 40,000 135,000 330,000 120,000 139,000 25,000 107,000 Energy Quality inspections Long-term labor Short-term labor Setups Materials Depreciation Marketing Customer service Administrative In addition, Leidenheimer spent $45,000 on 50 engineering changes with a cost-driver rate of $900 and $57,600 on...