Prepare a budgeted income statement for the year

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Question: Metlock Company has completed all of its operating budgets. The sales budget for the year shows 47,300 units and total sales of $2,270,400. The total cost of making one unit of sales is $26. It estimates selling and administrative expenses to be $291,000 and income taxes to be $224,880. Prepare a budgeted income statement for the year ending December 31, 2022.

Reference no: EM133433419

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