Brodie Ltd has undertaken its budget planning for the coming accounting period

Budget item	Budget data
Sales	60 000 units; selling price $120

Cost of inventory Direct materials: 2 kilograms @ $5 per kilogram Direct labour: 3 hours @ $15 per hour Indirect manufacturing costs: $4 per direct labour hour Raw materials inventory Beginning balance: 10 000 kilograms Ending balance: 15 000 kilograms Raw material cost $5 per kilogram Selling and administration costs $200 000

Prepare a budgeted statement of profit or loss for the coming accounting period