Hosmer Industries provides the following information about resources and usage: Unused Resources Capacity Resources used Materials...

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Hosmer Industries provides the following information about resources and usage: Unused Resources Capacity Resources used Materials Power Setups Purchasing Client assistance Supervision Facility cost Resources supplied Materials Power Setups Purchasing Client assistance $ 6,800 3,944 2,200 4,720 18,640 8,560 7,120 $365,200 48,552 59,240 63,600 38,640 75,120 134,800 Supervision Facility cost Sales revenue for Hosmer Industries is $920,000. Required: a. Prepare a traditional income statement. b. Prepare an activity-based income statement. Cost Driver Volume 6,400 pounds 272 hours 62 setups 64 purchase orders 40 inquiries 256 labor-hours 3,360 square meters Hosmer Industries provides the following information about resources and usage: Unused Resources Capacity Resources used Materials Power Setups Purchasing Client assistance Supervision Facility cost Resources supplied Materials Power Setups Purchasing Client assistance $ 6,800 3,944 2,200 4,720 18,640 8,560 7,120 $365,200 48,552 59,240 63,600 38,640 75,120 134,800 Supervision Facility cost Sales revenue for Hosmer Industries is $920,000. Required: a. Prepare a traditional income statement. b. Prepare an activity-based income statement. Cost Driver Volume 6,400 pounds 272 hours 62 setups 64 purchase orders 40 inquiries 256 labor-hours 3,360 square meters