Bonita company has completed all of its operating budgets. The sales Budget for the...
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Accounting
Bonita company has completed all of its operating budgets.
The sales Budget for the year shows $47,600 units and total sales of $1,951,600. The total cost of making one unit of sales is $26. It estimates selling and administative expenses to be $279,000 and income taxes to be $130,500. Prepare a budgeted income statement for the year ending December 31, 2022.
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