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Financial facts Desired units to be sold - 15,000 Desired units in ending inventory - 7,000 Estimated units in beginning inventory -3,000 (numbers in millions)
Financial facts
Desired units to be sold - 15,000
Desired units in ending inventory - 7,000
Estimated units in beginning inventory -3,000
(numbers in millions)
Total Cost for Selling and Administrative budget - 36,914
Interest expense - $2071
Interest revenue - $349
Direct materials cost including labor - $7
Products - $10
Tax rate - 21%
Need to prepare budget income statement from the given data.
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