Question: PR 2 2 - 3 B Budgeted Income Statement and Supporting Budgets Obj. 4 The budget director of Gold Medal Athletic Co . , with

22 - 3

B Budgeted Income Statement and Supporting Budgets

Obj.

4

The budget director of Gold Medal Athletic Co

.,

with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following data for use in developing the budgeted income statement for March:

.

Estimated

/

sales for March:

Batting helmet

1, 200

units at $

40

per unit

Football helmet

6, 500

units at $

160

per unit

PR 22-3B Budgeted Income Statement and Supporting Budgets Obj. 4 The

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