Question: please help! ded Ho Exercise 8-8 (Algo) Budgeted Income Statement [LO8-9] Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management

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please help! ded Ho Exercise 8-8 (Algo) Budgeted Income Statement [LO8-9] Gig

ded Ho Exercise 8-8 (Algo) Budgeted Income Statement [LO8-9] Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the following summary data to use in its annual budgeting process: Budgeted unit sales Selling price per unit Cost per unit Variable selling and administrative expense (per unit) Fixed selling and administrative expense (per year) Interest expense for the year Required: Prepare the company's budgeted income statement for the year Gig Harbor Boating Budgeted Income Statement. 820 $ 2,130 $ 1,500 $75 $ 400,000 $ 29,000

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