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Ceder Company has compiled the following data for the upcoming year: . Sales are expected to be 13.000 units at $55.00 each. Each unit requires

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Ceder Company has compiled the following data for the upcoming year: . Sales are expected to be 13.000 units at $55.00 each. Each unit requires 4 pounds of direct materials at $3.30 per pound. Each unit requires 1.5 hours of direct labor at $16.00 per hour. Manufacturing overhead is $4.30 per unit. Beginning direct materials inventory is $4.800.00. Ending direct materials inventory is $6,050.00. Selling and administrative costs totaled $137,820. . Required: 1. Determine Ceder'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. (Do not round the intermediate values.) Budgeted Cost of Goods Sold Required: Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete Ceder's budgeted income statement. (Do not round the intermediate values.) CEDER CORP. Budgeted Income Statement Budgeted Gross Margin Budgeted Net Operating Income

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