C PR 22-3B Budgeted income statement and supporting budgets Obj. 4 The budget director of Gold Medal Athletic Co., with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following data for Excel use in developing the budgeted income statement for March: a. Estimated sales for March: Batting helmet.... Football helmet. 1,200 units at $40 per unit 6,500 units at $160 per unit b. Estimated inventories at March 1: Direct materials: Finished products: + Plastic..... 90 lb. Foam lining....... 80 lb. Batting helmet... Football helmet... 40 units at $25 per unit 240 units at $77 per unit