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Use the original master budget information for Stylist furniture company in chapter 6 and consider the following changes in 2014: Scenario 3: A 6% increase

Use the original master budget information for Stylist furniture company in chapter 6 and consider the following changes in 2014:

Scenario 3:

A 6% increase in units sold for Casual and Deluxe.

A 4% Increase in Red Oak cost and 3% increase in Granite cost.

Required: Prepare the budgeted operating income including the required budgets for 2014.

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