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homework help please Santana Rey expects second quarter 2022 net income of Business Solutions's line of computer furniture to be the same as the first

homework help please
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Santana Rey expects second quarter 2022 net income of Business Solutions's line of computer furniture to be the same as the first quarter's net income (reported below) without any changes in strategy Sales were 128 desk units (sales price of $1,250) and 68 chairs (sales price of $500) BUSINESS SOLUTIONS-Computer Furniture Segment Segment Income Statement For Quarter Ended March 31, 2022 Sales $ 194,000 Cost of goods solo 113,000 Gross profit 81, eee Selling, general, and administrative expenses Sales commissions (10%) $ 19,400 Advertising expenses 9.See General and administrative expenses 19,600 48,800 Net income $ 32,200 Reflects activity only related to the computer furniture segment. Sales: (128 $1,250) - (68 * $500) = $194,000 Cost of goods sold (128 $750) + (68 $250) = $113,000 Santana believes that sales will total 168 desks and 117 chairs for the next quarter if selling prices are reduced to $1,150 for desks and $450 for chairs and advertising expenses are increased to $13.440 for the quarter Product costs per unit and amounts of all other expenses will not change Required 1 Required 2 Prepare a budgeted income statement for the computer furniture segment for the quarter ended June 30, 2022, that shows the results from implementing the proposed changes. BUSINESS SOLUTIONS--COMPUTER FURNITURE SEGMENT Budgeted Income Statements For Three Months Ended June 30, 2022 Sales $ 245,850 Cost of goods sold Gross profit 245,850 Selling, general and administrative expenses Sales commissions expense Advertising expense General and administrative expenses 0 Net income 245,850 Required 1 Required 2 Do the proposed changes increase or decrease budgeted net income for the quarter? Do the proposed changes increase or decrease budgeted net income for the quarter?

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