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The following static budget is provided: 20,000 units 200,000 $ Units Sales Less variable costs: Manufacturing costs Selling and administrative costs Contribution Margin Less fixed

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The following static budget is provided: 20,000 units 200,000 $ Units Sales Less variable costs: Manufacturing costs Selling and administrative costs Contribution Margin Less fixed costs: Manufacturing costs Selling and administrative costs Net Income $ $ $ 70,000 40.000 90.000 $ $ $ 22.000 17.000 51,000 What will the total budgeted net income be if 18,000 units are produced and sold? Show your calculations

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