Expected sales in units Selling price per unit 8,500 100.00 $ Per month As % of monthly sales dollars 8% 48% Budgeted expenses: Advertising Cost of goods sold Delivery Insurance Rent Sales commissions Sales salaries $ $ $ V| | 5,500 2,000 10,500 6% $ 25,000 Required: Prepare a budgeted income statement for the month of April. Expenses should be split out into variable and fixed. Please list variable expenses alphabetically, and list fixed expenses alphabetically. Pink House Ltd. Budgeted Income Statement For the month ended April 30 Sales Operating expenses: Variable expenses (list alphabetically): Variable expenses (list alphabetically): Total variable expenses Fixed expenses (list alphabetically): Total fixed expenses Operating income Variable expenses (list alphabetically): Total variable expenses Fixed expenses (list alphabetically): Total fixed expenses Operating income