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pls show work for all 3 months and total Cok the icon to view the budgeted Incoment) Ivey Cory is considering two che icon to
pls show work for all 3 months and total
Cok the icon to view the budgeted Incoment) Ivey Cory is considering two che icon to view Requirement 1. Prepare budgeted noorte vetements for both option in both options begin in Jawy and January salesman 15.000. Round on the door Begin by preparing the budgeted Income statement for Option Ivey Company Data table Budgeted Income Statement For the Quarter Ended March 31, 2024 January Ivey Company Sales Revenge Budgeted Income Cost of Goods Sold For the Quarter Ended March 1, 2014 Gross Pro January February March Net Saleve 20 per molt 16.000 18.000 21 S and A Expenses Cost of Good Son of 000 TO 12.000 Operating income Gross Prote 0.000 7,200 854 Income Tax Expense and A 22000 3.700 2000 Net Income Operating income 2.300 1200 20 Income Tox (20fting 400 340 5 1.640 2.500 3.4348 Requirements Not income Total 2010 8700 10 Print Done 1. Prepare budgeted income walements for both options, assuming both options begin in January and January sales remain $15.000. Round all cautions to the newest dolor 2. Which option should Ivey choose? Explain your reasoning Clear all Checker Cok the icon to view the budgeted Incoment) Ivey Cory is considering two che icon to view Requirement 1. Prepare budgeted noorte vetements for both option in both options begin in Jawy and January salesman 15.000. Round on the door Begin by preparing the budgeted Income statement for Option Ivey Company Data table Budgeted Income Statement For the Quarter Ended March 31, 2024 January Ivey Company Sales Revenge Budgeted Income Cost of Goods Sold For the Quarter Ended March 1, 2014 Gross Pro January February March Net Saleve 20 per molt 16.000 18.000 21 S and A Expenses Cost of Good Son of 000 TO 12.000 Operating income Gross Prote 0.000 7,200 854 Income Tax Expense and A 22000 3.700 2000 Net Income Operating income 2.300 1200 20 Income Tox (20fting 400 340 5 1.640 2.500 3.4348 Requirements Not income Total 2010 8700 10 Print Done 1. Prepare budgeted income walements for both options, assuming both options begin in January and January sales remain $15.000. Round all cautions to the newest dolor 2. Which option should Ivey choose? Explain your reasoning Clear all Checker Step by Step Solution
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