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: 3,200 units at $50 per unit 3,000 units at $70 per unit Bird house Bird feeder b. Estimated inventories at December 1: Direct materials: Wood 200 ft. Plastic 240 lbs Finished products 320 units at $27 per unit 270 units at $40 per unit Bird house Bird feeder c. Desired inventories at December 31: Direct materials Wood 220 ft. Plastic 200 lbs