sum 9-42 in the textbook

Managerial Accounting: Creating Value in a Dynamic Business Environment.

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7. Budgeted income statement: Sales revenue Less: Cost of goods sold:* Box C Box P Gross margin Selling and administrative expenses Income before taxes Income tax expense Net income Calculation of cost of goods sold: (a) Predetermined overhead rate Budgeted manufacturing overhead rate Volume of direct-labor hours Rate per hour (b) Calculation of manufacturing cost per unit: Box C Box P Direct material Paperboard Corrugating medium Direct labor Applied manufacturing overhead Manufacturing cost per unit