Value Products has prepared the following budgets for the second half of the current year. Revenue budget Materials purchases budget Labor budget F/OH budget G&A expenses budget Selling expenses budget FG beginning inventory budget FG ending inventory budget WIP beginning inventory budget 36,000 WIP ending inventory budget 38,000 Determine Value Products' budgeted Net Income (loss) for this period (Ignore taxes) $420,000 180,000 55,000 75,000 44,000 27,000 68,000 57,000

Value Products has prepared the following budgets for the second half of the current year: Determine Value Products' budgeted Net Income (loss) for this period (Ignore taxes)