PR $22-3$B Budgeted Income Statement and Supporting Budgets

Obj. $4$

The budget director of Gold Medal Athletic Co$.,$ with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following data for use in developing the budgeted income statement for March:

a$.$ Estimated$/$sales for March:

Batting helmet

$1,200$ units at $$40$ per unit

Football helmet

$6,500$ units at $$160$ per unit