Question: please use the numbers in the problem! thank you! 720 Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat Management has
please use the numbers in the problem! thank you!
720 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 les Selling price per unit $ 2,080 Variable selling and administrative expense (per unit) Fixed selling and administrative expense (per year) $ 400,000 Interest expense for the year $ 24,000 Required: Prepare the company's budgeted income statement for the year. $ 1,380 $ 70 Gig Harbor Boating Budgeted Income Statement
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