#23

Brigg Shemman manufactures a specialty precision wale For January, the company expects to 800 scales at an average price of $2,300 per unit. The average manufacturing cost of each unit sold is $1.400. Variable operating expenses for the company will be $1.20 per unit sold and foed operating expenses are expected to be 57.500 for the month. Monthly interest expenses $3.000. The company has a tax rate of 20% of income before wees. Prepare Brigg Sherman's budgeted income statement for January Brigo Sherman Budgeted Income Statement For the Month Ended January 31 LowCost of goods sold Gross proft Los: Operating per Fored portion L Operating income inarest pense