(Solved): 5 pts XYZ Company has accumulated the following budget data for the year 2022. 1. Sales: 30,000 uni ...

5 pts XYZ Company has accumulated the following budget data for the year 2022. 1. Sales: 30,000 units, unit selling price $60. 2. Cost of one unit of finished goods: Direct materials 3 pounds at $5 per pound direct labor 2 hours at $10 per hour and manufacturing overhead $6 per direct labor hour. 3. Selling and administrative expenses: $200.000, 4. Income taxes: 30% of income before income taxes. Use the information above to provide the following items from the budgeted income statement: Gross profit $390,000 $940.000 $1,800,000 $260,000 None of the responses provided.