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Sunn Company manufactures a single product that sells for $100 per unit and whose variable costs are $76 per unit. The company's annual fixed costs are $338,400. Management targets an annual income of $600,000 (1) Compute the unit sales to earn the target income Numerator Denominator Units to Achieve Target Units to achieve target 23 12) Compute the dollar sales to eam the target income Numerator: Denominator Dollars to Achieve Target Dollar to achieve target Fortune Incorporated is preparing its master budget for the first quarter. The company sells a single product at a price of $25 per unit. Sales (in units) are budgeted at 160.000 for the first quarter. Cost of goods sold is $12 per unit. Other expense information for the first quarter follows Sales Commissions 101 of sales dollars Rent 5.48,000 per quarter Advertising 5 565,000 per quarter office salaries 3 254,000 per quarter Depreciation $ 116,000 per quarter Interest 1.509 quarterly on $270,000 note payable Tax rate 405 Prepare a budgeted income statement for the first quarter ended March 31. (Round your intermediate and final answers to the nearest whole dollar.) FORTUNE, INCORPORATED Budgeted Income Statement For Quarter Ended March 31 Delting general and distrative expenses Hi HHHH IN THE HIM Anne For Quarter Ended March 31 Selling, general and administrative expenses 0 5 0