A budgeted income statement integrates the sales budget, cost of goods sold budget, and selling and administrative expenses budget, but excludes estimates of other revenue, other expense, and income tax.

Budgeted Income Statement

A financial statement that projects the income and expenses for a future period, helping businesses plan for profitability.

Sales Budget

An estimate of future sales, often broken down into both volume and value, forming the basis for production planning and marketing strategies.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including labor and materials.