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below. An accounting assistant has prepared the detailed manufacturing overhead budget and the seiling and administrative expense budget The latter shows selling expenses of $664,000

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below. An accounting assistant has prepared the detailed manufacturing overhead budget and the seiling and administrative expense budget The latter shows selling expenses of $664,000 for product 1850 and $364,000 for product 1860 , and administrative expenses of $542,000 for product ]B50 and $344,000 for product 3860 . Interest expene is $150,000 (not allocated to products). income taxes are expected ta be 39\%. Budgeted Income Statement $ JB 50 JB 60 Total 5 5

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