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Make a budgeted income statement for the month of november

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Reference no: EM132791483

Wernke Company has the following totals from its operating budgets for November:

Cost of goods sold $1,967,000

Sales 2,530,000

Selling and administrative expenses 322,000

Problem 1: Make a budgeted income statement for the month of November assuming a 30% income tax rate

Reference no: EM132791483

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