Can someone explain this?

Exercise 21-13 Fultz Company has accumulated the following budget data for the year 2017. 1. Sales: 31,380 units, unit selling price $90 2. Cost of one unit of finished goods: direct materials 1 pound at $5 per pound, direct labor 3 hours at $12 per hour, and manufacturing overhead $6 per direct labor hour 3. Inventories (raw materials only): beginning, 10,370 pounds; ending, 15,270 pounds. 4. Seling and administrative expenses: $170,000; interest expense: $30,000 5. Income taxes: 30% of income before income taxes. Prepare a schedule showing the computation of cost of goods sold for 2017. FULTZ COMPANY Computation of Cost of Goods Sold Cost of one unit of finished goods: Direct materials Direct labor Manufacturing overhead Total Cost of Goods Solod Prepare a budgeted multiple-step income statement for 2017 FULTZ COMPANY Budgeted Income Statement 3