Oak Creek Company is preparing its budgeted income statement for $2020.$ Relevant data pertaining to its sales, production, and direct materials budgets are found in Part $$A$$ above.

In addition, Oak Creek budgets $0\mathrm{.}3$ hours of direct labour per unit, labour costs at $$14$ per hour, and manufacturing overhead at $$20$ per direct labour hour. Its budgeted selling and administrative expenses for $2020$ are $$7$ million.