Bathworks Produces Hair and Bath Products

Bathworks Produces Hair and Bath Products in $14 only

P6-2 Bathworks produces hair and bath products. Bathworks’ owner would like to have an estimate of the company’s net income in the coming year.

Required
Project Bathworks’s net income next year by completing the operating budgets and budgeted income statement that follows. Assume that the selling price will remain constant.

1. Sales budget:

Bathworks

Sales Budget

For the year Ended December 31

Quarter
1 2 3 4 Year
Sales in units 4,000 3,000 5,000 5,000 17,000
SELLING price per unit X$5 X? X? X? X?
Total sales $24,000 ? ? ? ?

2. Production budget:

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