Prepare a budgeted income statement using the information shown.

Prepare a manufacturing overhead budget if the number of units to produce for January, February, and March are 2,500, 3,000, and 2,700, respectively.

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Sales (units) Sales price per unit Uncollectible expense Direct material per unit Direct labor per unit (hours) Direct labor rate per hour Manufacturing overhead Variable sales and administration expenses per unit Fixed sales and administration expenses Taxes *of sales **of income before taxes LA $ 15,000 40 1%* 2 0.5 20 $15,000 $ 2 $20,000 $ LA $ 15%**