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Boyle Sutton manufactures a specialty precision scale. For January, the company expects to sell 8 0 0 scales at an average price of $ 2

Boyle Sutton manufactures a specialty precision scale. For January, the company expects to sell 800 scales at an average price of $2,340 per unit. The average manufacturing cost of each unit sold is $1,500. Variable operating expenses for the company will be $1.90 per unit sold and fixed operating expenses are expected to be $7,100 for the month. Monthly interest expense is $3,600. The company has a tax rate of 30% of income before taxes. Prepare Boyle Sutton's budgeted income statement for January.
Boyle Sutton
Budgeted Income Statement
For the Month Ended January 31
Sales
Less: Cost of goods sold
\table[[3,510,000
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