soul Accounting Times New Roman 12 La Copy Format Painter BI UB Clipboard Font ' ' A 29 Wrap Text Merge & Center - Paste $ %9 8- Conditionat Formatting Alignment Number 125 X fx 75,000 1 G H 6. Dover Water Cooler Company is preparing its master budget for the month of January. The company sells a single product at a price of $25 per unit. Sales in units are forecasted at 50,000 units for the month. Cost of goods sold and other expense information for the month is as follows: Cost of goods sold Commissions Advertising Administrative expenses Rent expense Depreciation expense 60% of sales 10% of sales 6% of sales $100,000 per month $35,000 per month $15,000 per month Prepare a Budgeted Income Statement for the month of January (ignore taxes). Worksheet: Dover Water Cooler Company Budgeted Income Statement Clipboard Font Alignment I Number Number styles F125 i X for 75,000 LD Worksheet: Dover Water Cooler Company Budgeted Income Statement For the Month of January Sales Cost of Goods Sold Gross Profit Operating Expenses: Total Operating Expenses Operating Income taxes Problems Multiple Choice Enter + O Type here to search o