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Budget Problem Summer 2013
Budget Problem Summer 2013
SUMMER 2013
The Budget Director of Dave, Inc. with the assistance of the Controller, Production
Manager and the Sales Manager has gathered the following data for use in
developing the Budgeted Income Statement for 2013. The Company produces
and sells two products: Batting Helmets and Football Helmets. Both products use
two types of materials: Plastic and Foam Lining and they both go through a
Molding Department and then through an Assembly Department before they are
ready for sale.
REQUIRED:
1. Prepare a Budgeted Income Statement for 2013 with supporting schedules.
Please refer to
Exhibits 8 to 15