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Sheridan ince is preparing its annuzl budaots for the vear endine December 31, 2022. Accountireassistants...

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Accounting

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Sheridan ince is preparing its annuzl budaots for the vear endine December 31, 2022. Accountireassistants furnish the followne. An accounting assistant has prepared the detalled manufacturing overhead budget and the selling and administrotive expense budget: $496,800 for product 3850 and $312.800 for product J860, interestexpense is $150,000 (not allocated to products). Income taxes are expected to be 20K. - Your answer is partially correct. Prepare the sales budget for the year

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