Question: Please solve quick. Need accounting help Wildhorse Company has budgeted the following for the year ended December 31, 2022: 1. 2. 3. 4. Sales: 52,500

Please solve quick. Need accounting help
Wildhorse Company has budgeted the following for the year ended December 31,

Wildhorse Company has budgeted the following for the year ended December 31, 2022: 1. 2. 3. 4. Sales: 52,500 units; unit selling price $78. Cost of one unit of finished goods: direct materials, 2 kg at $4 per kilogram; direct labour, 4 hours at $13 per hour; and manufacturing overhead, $2 per direct labour hour. Selling and administrative expenses: $135,000. Income taxes: 25% of income before income taxes. Prepare a budgeted income statement for the year ended December 31, 2022. WI LDHORSE COMPANY Budgeted I ncome Statement For the Year Ended December 31, 2022 Beginning inventory

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