D F G Q2: Calm Breathing Corp. budgets sales units of 4700 for July; 8460 for August; and 7520 for September with budgeted sales 5 price per unit of $33 and cost of goods sold $25 per unit. In addition, sales commissions are 8% of sales dollars and the company pays sales managers a salary of $12500 per month. Sales commissions and salaries are paid in the month incurred. Administrative expenses include office building depreciation $1270 per month and office salaries of $18100 per month. 17 Prepare a Budgeted Income Statement for the 3rd Quarter of the year using a multi-step income statement format. 6 20 Calm Breathing Corp Budgeted Income Statement For 3rd Quarter Ending September 30 July August September 3rd Qtr Total 24 29 31