Question 13 - Exercises - Algor X C Fortune, Inc., is preparing its m X Course Hero X G calculator - Google Search X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/... b Update : M Gmail YouTube Maps T BIOL 1111 Lab- Sp... Bb WGTC - Blackboa.. My Apps Dashboa M McGraw-Hill Conn... Course Home Exercises - Algorithmic (Part 2) Saved Help Save & Exit Submit Check my work 13 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 152,000 for the first quarter. Cost of goods sold is $12 per unit. Other expense information for the first quarter follows. Sales Commissions 10% of sales dollars Rent $ 46, 000 per quarter points Advertising $ 531, 000 per quarter Office salaries $ 269, 000 per quarter preciation $ 131 , 000 per quarter eBook Interest 1. 758 quarterly on $260,000 note payable Tax rate 308 Hint Prepare a budgeted income statement for the first quarter ended March 31. (Round your intermediate and final answers to the Print nearest whole dollar.) References FORTUNE, INC. Budgeted Income Statement For Quarter Ended March 31 Selling, general and administrative expenses Mc Graw Hill