Answer to part C is needed

Requirements - How will management use the information presented in the budgeted income statement?

ve OH B Ch 9 WP - Compatibility Mode - Excel Home Insert Draw Page Layout Formulas Data Review View Help O Search S Times New Romar-12 A A === a Wrap Text Custom BIU. a. A Merge & Center $ - %) 48-28 Insert De Conditional Format as Cell Formatting Table Styles Styles Font Alignment Number - ... > fx 2.8 3 L . N O D E F G H 1 J Selling and Administrative Budget and Budgeted Income Statement (continued) b. Budgeted income statement Sports Bars, Inc. Budgeted Income Statement Year Ending December 31 Quarter 2 3 Sales (from sales budget) $2,000,000 $2,100,000 $2,200,000 Deduct cost of goods sold ( 1.536,000 (1,612.800) (1.689.600) Gross margin $ 464,000 $ 487,200 $ 510.400 Deduct selling and administrative costs 466,000) 466.000) 466,000) Net income (loss) 2.000) S 21,200 $ 44,400 1 4 $2,415,000 ( 1.862,400) $ 562,600 466,000) $ 96,600 Year $8,725,000 ( 6,700,800) $2.024.200 ( 1.864.000) $ 160,200 I ( Per unit cost of goods sold calculation: Direct materials (from direct materials purchases budget) Direct labor (from direct labor budget) Manufacturing overhead (from manufacturing overhead budget) Total cost of goods sold per unit Year $15.00 1.40 2.80 $19.20 Provide your answer in the text box below: BE 19 P39 a. & b. P39c. P39 d. P39 e P39 f. P40 a. P40 b. & c. Type here to search O i re On Ch 9 WP - Compatibility Mode - Excel Home Insert Draw Page Layout Formulas Data Review View Help Search ' ' Times New Romar- 12 29 Wrap Text HI Custom Insert D BIU. GA- + Merge & Center - $ . % 9 - Conditional Format as Cell Formatting Table Styles Styles Font Alignment Number fix 2.8 F E G H K L M N o B C D Net income (loss) (S 2.000) $ 21,200 S 44.400 $ 96,600 $ 160,200 Year $15.00 Per unit cost of goods sold calculation: Direct materials (from direct materials purchases budget) Direct labor (from direct labor budget) Manufacturing overhead (from manufacturing overhead budget) Total cost of goods sold per unit c. Provide your answer in the text box below: 1.40 2.80 $19.20 I P39 e P40 a. P39 a. 8b. P39 d. P39 f. P40 b. & c. (+ BE 19 P39 o 21 Type here to search 17 12 0