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Domino Consulting, budgeted overhead and other expenses as follows for the year ended December 31, 2023: Overhead: Rent $ 25,000 Repairs 10,000 Fuel 35,000 Maintenance

Domino Consulting, budgeted overhead and other expenses as follows for the year ended December 31, 2023:

Overhead:

Rent $ 25,000

Repairs 10,000

Fuel 35,000

Maintenance 15,750

Supplies 6,100

Heat and light 20,250

Depreciation-computer 9,400

Miscellaneous 6,000

Depreciation-building 18,000

Depreciation-equipment 12,000

Wages 600,000

Fringe benefits 9,000

Other direct expenses:

Travel $15,000

Entertainment 12,000

1. Prepare an Overhead budget. 2. Prepare an Other Expenses budget. 3. Prepare a Budgeted Income Statement.

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