Michah Mack Auto Parts 1% 1% 5% 5% 5% 4% 4% 4% -3% -3% -3% 10%...

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Michah Mack Auto Parts 1% 1% 5% 5% 5% 4% 4% 4% -3% -3% -3% 10% 15% Budget - Income Statement Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Year 2 Year 3 Standard Carburetors Units Sales Cost of Goods Sold Gross Profit Purchases Beginning Inventory Add: Purchases Goods Available for Sale Less: Ending Inventory Cost of Goods Sold (Start Here) Opeating Expenses Selling Variable Selling Fixed Distribution Variable Distribution Fixed Administrative Salaries (F) Depreciation Expense (F) Total Operating Expenses Operating Income Income Tax Expense Net Income Michah Mack Auto Parts 1% 1% 5% 5% 5% 4% 4% 4% -3% -3% -3% 10% 15% Budget - Income Statement Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Year 2 Year 3 Standard Carburetors Units Sales Cost of Goods Sold Gross Profit Purchases Beginning Inventory Add: Purchases Goods Available for Sale Less: Ending Inventory Cost of Goods Sold (Start Here) Opeating Expenses Selling Variable Selling Fixed Distribution Variable Distribution Fixed Administrative Salaries (F) Depreciation Expense (F) Total Operating Expenses Operating Income Income Tax Expense Net Income