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In September 2022. the budget comenittee of Pronghom Company assembles the following data: 1. 2. Cost of goods sold is expected to be coss of

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In September 2022. the budget comenittee of Pronghom Company assembles the following data: 1. 2. Cost of goods sold is expected to be coss of sales: 3. Desired ending merchandise inventory is 30k of the next month's cost of soods sold. 4. The bepinning irventory at October 1 will be the desired amount. Prepare the budgeted income statement for October through gross profit on sales including a cost of goods sold schedule. 4. The beginning irventory at October 1 will be the desired amount. Prepare the budgeted income statement for October through gross profit on sales, including a cost of goods sold schedule

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