E Question Hel Woodruff Company prepared the following budgeted income statement for 2025: (Click the icon to view the budgeted income statement) Read the requirements Woodruff Company Budgeted Income Statement For the Year Ended December 31, 2025 600 Unit sales 900 1,100 Sales Revenue Cost of Goods Sold Gross Profit Selling and Administrative Expenses Operating Income Requirement 2. How might managers use this type of budgeted Income statement? The budgeted income statement prepared in Requirement 1 is a budget. It allows Woodruffs managers to plan for sales lovel(s) Requirement 3. How might spreadsheet collware such as Excel assist in this type of analysis? Technology, such as Excel spreadhseet software, makes it more to conduct Vand prepare a company's ir managers have a better understanding of how changes in sales volume and costs are likely to affect they can if key assumptions turn out to be wrong Enter any number in the edit fields and then continue to the next question Data Table nch ded Woodruff Company Budgeted Income Statement For the Year Ended December 31, 2025 Unit sales 900 Sales Revenue ($600 per unit) $ 540,000 297,000 Cost of Goods Sold (55% of sales) Gross Profit 243,000 use 108,000 Selling and Administrative Expenses (20% of sales) ed $ 135,000 Operating Income et so so Print Done und prepa ettel