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Please Solve and explain how to do february column Data table Option 1 is...

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Accounting

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Please Solve and explain how to do february columnimage

Data table Option 1 is to increase advertising by $1,400 per month. Option 2 is to use better-quality materials in the manufacturing process. The better materials will increase the cost of goods sold to 55% but will provide a better product at the same sales price. The marketing manager projects either option will result in sales increases of 30% per month rather than 20%. Avery Company prepared the following budgeted income statement for the first quarter of 2024 : Avery Company is considering two options. (Click the icon to view the budgeted income statement.) (Click the icon to view the options.) Read the Requirement 1. Prepare budgeted income statements for both options, assuming both options begin in January and January sales remain $10,000. Round all calculations to the nearest dollar. Begin by preparing the budgeted income statement for Option 1

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