eva ondongo 03/23/22 3:06 PM Test: Test #3 Question 6 of 11 This test: 100 point(s) possible This question: 8 point(s) possible Submit test Bratt Simpson manufactures a specialty precision scale. For January, the company expects to sell 1,400 scales at an average price of $2,320 per unit. The average manufacturing cost of each unit sold is $1,450. Variable operating expenses for income statement for January. the company will be $1.30 per unit sold and fixed operating expenses are expected to be $7,500 for the month. Monthly interest expense is $3,300. The company has a tax rate of 40% of income before taxes. Prepare Bratt Simpson's budgeted Bratt Simpson Budgeted Income Statement For the Month Ended January 31 Sales Less: Cost of goods sold Gross profit Less; Operating expenses, variable portion Less: Operating expenses, fixed portion Operating income Less: Interest expense Less: Income tax expense Net income Time Remaining: 02:57:57 Next MacBook Pro esc ~ O II * 00 delete O