Mansfield Information Systems $($MIS$)$ is an IT support firm. Managers and statf are billed to clents on an hourly basis. The senior administrative staff does not directly provide clent support. Because of the clientele of MIS, there is signilicant fuctuation from month to month.

Managers are billed to clients at a rate of $$710$ per hour and staff at a rate of $$355$ per hout. Managers are paid $$220$ per hour worked including nonbiliable time$).$ and staff are paid $$135$ per hour. The current plan calls for managers to bilt $810$ hours in November and $630$ hours in December, Staff are expected to bet $6,920$ hours in November and $4\mathrm{.}820$ hours in December a minagers wer work a that of $1,140$ hours in both months, and stalf will work a total of $7820$ hours in November and $6,100$ hours in Deccember,

Other monthly costs $($all fixed$)$ are $$750,500$ selling, general and administrative, $$5,50,500$ in depreciation, and $$251,000$ in marketing

Required:

Prepare a budgeted income statement for Mansfield Information Systems for November and December $($separately$)$

$\backslash$table$[[$Mansfield Information Systems$],[$Oudgeted Income Statement$],[,$November,December$],[$Revenues$,,],[$Manapars$,,],[$Staf$,,],[$Total revenos,$50,50],[$Experses:$,,],[$Manager pay,,$],[$Stat pay,,$],[$Total compersation,$50,$$$0$