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How much is budgeted net income for may

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Reference no: EM132559273

Sampson Company provided the following budgeted information for the month of May:

Sales                           $64,500

Direct materials cost        $32,900

Direct labor cost            $16,300

Manufacturing overhead cost   $8,400

Operating expenses            $5,200

Question 1: Assuming an income tax rate of 30%, how much is budgeted net income for May?

Option 1: $4,830

Option 2: $510

Option 3: $1,190

Option 4: $1,700

Reference no: EM132559273

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