Question: CS Inc is preparing its budget for next year. Below are the sssumptions being used: 20,000 units will be sold at $52 per unit. Average

CS Inc is preparing its budget for next year. Below are the sssumptions being used: 20,000 units will be sold at $52 per unit. Average selling price per unit will exceed the average purchase price of materials by 30%. Labor will be 1 hour per 20 units @$25 per hour. Fixed expenses (which include $5000 for depreciation) will equal 6% of budgeted revenues.

Net operating income is budgeted to be ?

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