Ceder Company has compiled the following data for the upcoming year: - Sales are expected to be 16,500 units at $50 each. - Each unit requires 4 pounds of direct materials at $3.00 per pound. - Each unit requires 1.8 hours ofdirect labor at $13 per hour. - Manufacturing overhead is $4.00 per unit. - Beginning direct materials inventory is $4.500. - Ending direct materials inventory is $5,600. - Selling and administrative costs totaled $137,370. Required: 1. Determine ICeder's budgeted cost of goods sold. 2. Complete Ceder's budgeted income statement. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Ceder's budgeted cost of goods sold. Note: Do not round the intermediate values. Required 2 )