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can you please post so that I can see the entire answer/budgeted income statement C. Prepare a budgeted income statement, assuming 600 units to be
can you please post so that I can see the entire answer/budgeted income statement
C. Prepare a budgeted income statement, assuming 600 units to be produced and sold, a per unit selling price of $85, an income tax rate of 28% and the following information. 1. 1. Cost of goods sold of $35 per unit 2. Labor = $400/month One part-time employee will be hired to take care of packaging and shipping. This employee will be paid $10 per hour. He or she is estimated . to work 40 hours total per month. 3. Advertising fees = $3,000 4. Bank fees = $200 5. Phone/internet = $150 per month 6. Shipping = $3 per unit 7. Utilities = $100 per month 8. Office Supplies = $900 9. Conference Exhibitor Fee = $3000 Travel Expenses for Conference (e.g. 10. airfare, meals, taxi) = $1200 Based on the budgeted income statement calculated above for 20XY, create a new budgeted income for 20XZ assuming that the production and sales is double the level of 2. 20XY Step by Step Solution
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