Req $1$D

Req $2$

Prepare a master budget for the three$-$month period ending June $3$ month period ending June $30.$ Use the contribution approach.

$\backslash$table$[[$Earrings Unlimited$],[$Budgeted Income Statement$],[$For the Three Months Ended June $30],[$Sales$,,$$ $3,787,600],[$Variable expenses:,,$],[$Cost of goods sold,$2,803,824,],[$Commissions$,151,504,],[,,],[$Administrative expenses,,$2,955,328],[,,832,272],[$Fixed expenses:,,$],[$Advertising$,990,000,],[$Rent$,93,000,],[$Salaries$,396,000,],[$Utilities$,40,500,],[$Depreciation$,81,000,],[,,],[,,],[,,]]$

Prey