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Sunland Company has completed all of its operating budgets. The sales budget for the year shows 46,700 units and total sales of $2,054,800. The
Sunland Company has completed all of its operating budgets. The sales budget for the year shows 46,700 units and total sales of $2,054,800. The total cost of making one unit of sales is $27. It estimates selling and administrative expenses to be $282,000 and income taxes to be $153,570. Prepare a budgeted income statement for the year ending December 31, 2022. SUNLAND COMPANY Budgeted Income Statement For the Year Ending December 31, 2022 $
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