Question: Blue Spruce Company has completed all of its operating budgets. The sales budget for the year shows 45,500 units and total sales of $2,093,000.

Blue Spruce Company has completed all of its operating budgets. The sales

Blue Spruce Company has completed all of its operating budgets. The sales budget for the year shows 45,500 units and total sales of $2,093,000. The total cost of making one unit of sales is $24. It estimates selling and administrative expenses to be $281,000 and income taxes to be $216,000. Prepare a budgeted income statement for the year ending December 31, 2022. BLUE SPRUCE COMPANY Budgeted Income Statement For the Year Ending December 31, 2022 $ $

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