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Amelia is developing the 2 0 2 2 budget. In 2 0 2 2 the company would like to increase selling prices by 1 0

Amelia is developing the 2022 budget. In 2022 the company would like to
increase selling prices by 10%, and as a result expects a decrease in sales
volume of 5%. Cost of goods sold as a percentage of sales is expected to
increase to 62%. Other than depreciation, all operating costs are variable.
Required:
Prepare a budgeted statement of comprehensive income for 2022.

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