Budgeted monthly absorption costing income statements forApril??July are: April May June July Sales $ 490,000 $ 1,020,000 $470,000 $ 370,000 Cost of goods sold 343,000

Budgeted monthly absorption costing income statements forAprilâ??July are: April May June July Sales $ 490,000 $ 1,020,000 $470,000 $ 370,000 Cost of goods sold 343,000 714,000 329,000259,000 Gross 2 answers