Hatcher Company prepared the following budgeted income statement for 2019: 2: (Click the icon to view the budgeted income statement) Read the requirements Requirement 1. Prepare a budgeted income statement with columns for 400 units, 1,500 units, and 1,800 units sold Hatcher Company Budgeted Income Statement For the Year Ended December 31, 2019 400 1,500 1,800 Unit sales 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? budget. It allows Hatcher's managers to plan for sales level(s). The budgeted income statement prepared in Requirement 1 is a Requirement 2. How might managers use this type of budgeted income statement? The budgeted income statement prepared in Requirement 1 is a v budget. It allows Hatcher's managers to plan for sales level(s) Requirement 3. How might spreadsheet software such as Excel assist in this type of analysis? Technology, such as Excel spreadhseet software, makes it more to conduct vif managers have a better understanding of how changes in sales volume and costs are likely to affect if key assumptions turn out to be wrong V and prepare a company's they can 1,500 Hatcher Company Budgeted Income Statement For the Year Ended December 31, 2019 Unit sales Sales Revenue ($750 per unit) Cost of Goods Sold (55% of sales) Gross Profit Selling and Administrative Expenses (25% of sales) 1,125,000 618,750 506,250 281,250 225,000 Operating Income an Print Done