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Goldman Company Budgeted Income Statement For the Year Ended Sales (240,000 units) $18,600,000 Cost of goods sold (12,680,000) Gross profit 5,920,000 Operating expenses (4,200,000) Operating
Goldman Company Budgeted Income Statement For the Year Ended Sales (240,000 units) $18,600,000 Cost of goods sold (12,680,000) Gross profit 5,920,000 Operating expenses (4,200,000) Operating income $1,720,000 The following additional information is available: 1. The luggage carrier has a selling price of $75 per unit; variable production costs are $45. 2. The computer carrier has a selling price of $85 per unit; variable production costs are $43. 3. Variable selling costs are $5 per unit regardless of product type. 4. The 240,000 units sold will be sold in a ratio of three luggage carriers to one computer carrier.. a. If sales double (with the sales mix remaining the same), how much will operating income be
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