Requirements:

1.) Please prepare Encantadia Company's budgeted Income Statement?

Sales 1700000
Less: Variable Costs
Cost of Goods Sold:
Direct Materials 412200
Direct Labor 390000
Variable Overhead 160000
Fixed Overhead 128000 1090200
Contribution Margin 609800
Less: Selling and Administrative 212000
Net Operating Income 397800

2.) How much is the budgeted Product Cost per Unit?

Direct Materials 412200

Direct Labor 390000
Variable Overhead 160000
Fixed Overhead 128000
Cost of Goods Sold 1090200
Divided by Sales (units) 8500
Product Cost per Unit 128.2588235

3.) How much is the budgeted Ending Inventory?

Budgeted Sales 8500 Beginning Inventory

Add: Desire Ending Inventory 1500 Required Production
Total Needs 10000 Ending Inventory
Less: Beginning Inventory 2100
Required Production 7900

Members:
Consibido, Carmela Marie
Hubalde, Winoah
Lim, Shairalyn

"I accept responsibility for my role in ensuring the integrity of the work submitted
 Inventory
2100 8500 Sales
7900
1500
8500 8500

tegrity of the work submitted by the group in which I participated."