Question: Continuing with the company selected in Unit 2, discuss how the income statement budget would be created for a year starting with the sales budget

Continuing with the company selected in Unit 2, discuss how the income statement budget would be created for a year starting with the sales budget through the SG&A budget. Be sure to:

  • Be specific in describing the component line items of each
  • Identify the individuals that would be involved in developing the budgets

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