Budgeted Income Statement and Supporting Budgets The budget director of Feathered Friends Inc., with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following data for use in developing the budgeted income statement for December: a. Estimated sales for December: Bird house Bird feeder b. Estimated inventories at December 1: Direct materials: Wood Plastic Finished products: 3,200 units at $50 per unit 3,000 units at $70 per unit 200 ft. 240 lbs. Bird house 320 units at $27 per unit Bird feeder c. Desired inventories at December 31: Direct materials: Wood Plastic Finished products: Bird house 270 units at $40 per unit 220 ft. 200 lbs. Bird feeder 290 units at $27 per unit 250 units at $41 per unit