Help $me$ with the red boxes $plz!!!$

Help $me$ with the red boxes $plz!!!$

Help $me$ with the red boxes $plz!!!$

Help $me$ with the red boxes $plz!!!$

Wildhors Prepare the budgeted multiple$-$step income statement for the year. $(Note$: income taxes are not allocated $to$ the products$).$

WILDHORSE INC.

Budgeted Income Statement

For the Year Ending December $31,2022e$ Inc. $is$ preparing its annual budgets for the year ending December $31,2022.$ Accounting assistants furnish the following.

Sales budget:

Production budget:

Direct materials budget:

Direct labor budget:

Budgeted income statement:

Total unit cost

$$13,$$$20$

$An$ accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget.

The latter shows selling expenses $of$ $$728,000$ for product $JB50$ and $$468,000$ for product $JB60,$ and administrative expenses $of$

$$702,000$ for product $JB50$ and $$442,000$ for product $JB60.$ Interest expense $is$ $$150,000(not$ allocated $to$ products$).$ Income taxes

are expected $tobe20\%.$ WILDHORSE INC.

Production Budget

For the Year Ending December $31,2022$