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Sampson Company provided the following budgeted information for the month of May: Sales $69,000 Direct materials cost $36,700 Direct labor cost $17,900 Manufacturing overhead cost
Sampson Company provided the following budgeted information for the month of May:
Sales | $69,000 |
Direct materials cost | $36,700 |
Direct labor cost | $17,900 |
Manufacturing overhead cost | $6,400 |
Operating expenses | $5,400 |
Assuming an income tax rate of 30%, how much is budgeted net income for May?
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