Azizi Company provided the following information for the coming year: Units produced and sold…
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Azizi Company provided the following information for the coming year:
Units produced and sold ……………………………………………… 160,000
Cost of goods sold per unit …………………………………………… $6.30
Selling price ………………………………………………………….. $10.80
Variable selling and administrative expense per unit …………………. $1.10
Fixed selling and administrative expenses ……………………………. $423,000
Tax rate ………………………………………………………………. 35%
Required:
Prepare a budgeted income statement for Azizi Company for the coming year. (Note: Round all income statement amounts to the nearest dollar.)
Azizi Company provided the following information for the coming year Units
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