Question: Using absorption costing income statements how would you prepare a budgeted income statement for the following: Budgeted unit sales:460 Selling Price Unit: $1,950 Cost per

Using absorption costing income statements how would you prepare a budgeted income statement for the following:

Budgeted unit sales:460

Selling Price Unit: $1,950

Cost per unit: $1575

Variable selling and admin expenses per unit: $75

Fixed selling and admin expenses per year:$105,000

Interest expense for the year $14,000

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