Question: Please draw tables directly in this system, do not upload pictures haven Company has accumulated the following budget data for the year 2020. 1. Sales:

Please draw tables directly in this system, do not upload pictures

Please draw tables directly in this system, do not upload pictures haven

haven Company has accumulated the following budget data for the year 2020. 1. Sales: 30,000 units; unit selling price $80 2. Cost of one unit of finished goods: direct materials, 2 kg at $5 per kilogram; direct labour, three hours at $12 per hour; and manufacturing overhead, $6 per direct labour hour 3. Inventories (raw materials only): beginning, 10,000 kg; ending, 15,000 kg 4. Raw materials cost: $5 per kilogram 5. Selling and administrative expenses: $200,000 6. Income taxes: 30% of income before income taxes Instructions REQUIRED: 3. Prepare a schedule showing the calculation of the cost of goods sold for 2020. b. Prepare a budgeted income statement for 2020

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