Attached is an accounting homework problem please help. thank you

4/27/2016 WileyPLUS Exercise 2313 Fultz Company has accumulated the following budget data for the year 2017. 1. Sales: 31,410 units, unit selling price $85. 2. Cost of one unit of finished goods: direct materials 1 pound at $6 per pound, direct labor 3 hours at $12 per hour, and manufacturing overhead $7 per direct labor hour. 3. Inventories (raw materials only): beginning, 10,120 pounds ending, 15,480 pounds. 4. Selling and administrative expenses: $170,000 interest expense: $30,000. 5. Income taxes: 30% of income before income taxes. Prepare a schedule showing the computation of cost of goods sold for 2017. FULTZ COMPANY Computation of Cost of Goods Sold Cost of one unit of finished goods: Direct materials $ Direct labor Manufacturing overhead Total $ Cost of Goods Sold $ LINK TO TEXT Prepare a budgeted multiplestep income statement for 2017. FULTZ COMPANY Budgeted Income Statement $ http://edugen.wileyplus.com/edugen/lti/main.uni 1/2 4/27/2016 WileyPLUS $ LINK TO TEXT http://edugen.wileyplus.com/edugen/lti/main.uni 2/2