This question about Breeden company was answered but can someone please explain why there is an income statement as the yearly budget. Also why are fixed costs of selling & admin 40,000 for the year, aren't they for 1 month. Lastly, why aren't all the fixed costs subtracted in the annual & monthly budget,

Breeden Company Monthly Budget Annual Budget Monthly Budget Annual Budget Produce and sell 10000 units 120000 units 5000 units 60000 units Selling price per unit $20.00 $23.00 Manufacturing cost: Parts per unit $5.50 $8.40 Direct labor $3.50 200% of D.L 200% of D.L Manufacturing Overhead 200% of D.L Overhead cost per unit Manufacturing cost per unit Manufacturing overhead: Variable $21,000 Supplies Fixed 15000 occupancy (utilities, rent, maint) Fixed 17000 Equipment maintenance Fixed 8000 Equipment depreciation 15000 Quality cont. & prodection eng. Fixed 36000 Manufacturing administration 112.000 Total Fixed Selling & administrative (1 Prepare an annual budget for the Breeden Company schedules. 2, Prepare a monthly and annual budget for each product as supporting adminitrative 3. Assuming that supplies is variable in relation to units and selling and is fixed, what is the contribution margin for each product for each Rc2 4. What is the break-even in units and dollars, assuming a ratio for the year 5. What level of sales provide a target income of $210,000 for Breeden 6. What would be the manufacturing cost for each product, and profit for the company if they made and sold 8000 RC2