A) Assume the data for ABC Company in the table below and solve the following.

Estimated Selling price per unit	$20 per unit
Estimated Sales units	15,000 units
Estimated Direct Labor Cost per unit	$5 per unit
Estimated Selling expense Cost per unit	$2 per unit
Estimated Administrative expense	$60,000

1. What is the Sales Budget?
2. What is the Cost of Goods Sold Budget?
3. What is the Selling & Administrative Expenses Budget?
4. Prepare Budgeted Income Statement