Question $52$ pts $1,100$ units A company is preparing its May budget and provides the following information: Budgeted sales: $1,000$ units Budgeted production: Budgeted selling price per unit: $53/$unit Budgeted production cost per unit $($includes DM$/$DL$/$MOH$)$:$16/$unit Budgeted variable selling and administrative cost per unit: $4/$unit Fixed selling and administrative costs $($excludes depreciation$)$:$14,000$ Depreciation on office equipment in administrative offices: $3,000$ Calculate the Net Income that would appear on the company's Budgeted Income Statement for the month of May: $4$ A company is preparing its May budget and provides the following information: Budgeted sales: Budgeted production: $1,000$ units $1,100$ units Budgeted selling price per unit: $$53/$unit Budgeted production cost per unit $($includes DM$/$DL$/$MOH$)$: $$16/$unit Budgeted variable selling and administrative cost per unit: $$4/$unit Fixed selling and administrative costs $($excludes depreciation$)$: $ $14,000$ Depreciation on office equipment in administrative offices: $ $3,000$ Calculate the Net Income that would appear on the company's Budgeted Income Statement for the month of May:

A company is preparing its May budget and provides the following information:

$\backslash$table$[[$Budgeted sales:,$4,000$ units$],[$Budgeted production:,$4,100$ units$]]$

Budgeted selling price per unit: $$\frac{40}{?}$ unit

Budgeted production cost per unit $($includes DM$/$DL$/$MOH$)$: $$16/$unit

Budgeted variable selling and administrative cost per unit: $$6/$unit

Fixed selling and administrative costs $($excludes depreciation$)$: $$20,000$

Depreciation on office equipment in administrative offices: $$4,000$

Calculate the Net Income that would appear on the company's Budgeted Income Statement for the month of May: