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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 scales at an average price of $ per unit. The average manufacturing cost of each unit sold is $ Variable operating expenses for the company will be $ per unit sold and fixed operating expenses are expected to be $ for the month. Monthly interest expense is $ The company has a tax rate of of income before taxes. Prepare Boyle Sutton's budgeted income statement for January.
Boyle Sutton
Budgeted Income Statement
For the Month Ended January
Sales
Less: Cost of goods sold
table
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