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Carla Vista Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the following. An accounting assistant has prepared
Carla Vista Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the following. An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $537,600 for product JB 50 and $345,600 for product JB 60 , and administrative expenses of $518,400 for product JB 50 and $326,400 for product JB60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20%. Prepare the sales budget for the year. eTextbook and Media b) Prepare the production budget for the year. Prepare the direct materials budget for the vear
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