How much is the target income?2. How much should be the sales to earn the target income?3. How much is the budgeted variable manufacturing expenses? 4. How much is the budgeted sales commission?5. How much is the budgeted contribution margin?6. How much is the budgeted gross profit? 7. How much is the budgeted cost of goods sold? 

The management of Furbee Co. would like to earn 20% on its invested capital of P4,500,000. The wwwwwwwwwww company estimates sales of 100,000 pots during the coming year ending December 31. Sales Commissions are paid at the rate of 10% of the sales price. Other expenses are as follows: Variable manufacturing expenses Fixed Manufacturing expenses 30% of sales 100,000 Fixed general and admission expenses 25,000