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Sunn Company manufactures a single product that sells for $250 per unit and whose variable costs are $200 per unit. The company's annual fixed costs are $770,000. Management targets an annual income of $1,250,000. (1) Compute the unit sales to earn the target income Numerator: Denominator: Units to Achieve Target Units to achieve target (2) Compute the dollar sales to earn the target Income Numerator: Denominator: Dollars to Achieve Target Dollars to achieve target 0 Fortune Incorporated is preparing its master budget for the first quarter. The company sells a single product at a price of $25 per unit. Sales (in units) are budgeted at 154,000 for the first quarter. Cost of goods sold is $12 per unit. Other expense information for the first quarter follows. Sales Commissions 10% of sales dollars Rent $ 47,800 per quarter Advertising $ 514,000 per quarter office salaries $ 233,000 per quarter Depreciation $ 111,000 per quarter Interest 1.259 quarterly on $200,000 note payable Tax rate 404 Prepare a budgeted income statement for the first quarter ended March 31. (Round your intermediate and final answers to the nearest whole dollar.) FORTUNE, INCORPORATED Budgeted Income Statement For Quarter Ended March 31 Selling, general and administrative expenses FORTUNE, INCORPORATED Budgeted Income Statement For Quarter Ended March 31 Selling, general and administrative expenses 0 $ 0 0