Question: im lost Fortune incorporated is preparing its master budget for the first quorter. The company seils a single product at a price of $25 per

im lost

Fortune incorporated is preparing its master budget for the first quorter. The company seils a single product at a price of $25 per unit Sales (in units) ore budgeted at 152,000 for the first quartes, Cost of goods sold is $12 pet unlt. Other expense informotion for the fitst quarter follows Prepare a budgeted income statement for the flist quarter ended March 31 . (Round your intermediate and final answers to the nearest whole dollar.)

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