Budgeted Income statement put this together after all pieces of your budget are completed. Your budget must include: o One sales number, which is made up of how much YOU think each necklace should be sold for and how many necklaces you think the company can sell in two weeks. COGS per necklace is $25.00. You do not need to create an inventory roll forward. Just use $25.00 per necklace sold. o Wage budget. The employee making the necklaces charges $20.00 per necklace. o Other costs. Just call this overhead instead of breaking out all the expenses. Overhead is a flat amount of $100.00. Not per necklace. Just $100 for the two-week span of time. Having trouble making a calculating the income statement, and setting up budget