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Luker Company Budgeted Income Statement For the Quarter Ended March 31, 2024 1. Prepare budgeted...

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Accounting

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Luker Company Budgeted Income Statement For the Quarter Ended March 31, 2024 1. Prepare budgeted income statements for both options, assuming both options begin in January and January sales remain $25,000. Round all calculations to the nearest dollar. 2. Which option should Luker choose? Explain your reasoning. Luker Compary prepared the following budgeted income statement for the first quarter of 2024 : Click the icon to view the budgeted income statement.) Luker Company is considering two options. (i) (Click the icon to view the options) Read the teauitements. Requirement 1. Prepare budgeted income statements for both options, assuming both options begin in Jaruary and January sales remain $25,000. Round all calculafions to the nearest doilor. Begin by pregaring the budgeled income stalement for Option 1

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