Ceder Company has compiled the following data for the upcoming year:

Sales are expected to be $16,500$ units at $$53$ each.

Each unit requires $2$ pounds of direct materials at $$2\mathrm{.}50$ per pound.

Each unit requires $2\mathrm{.}2$ hours of direct labor at $$14$ per hour.

Manufacturing overhead is $$5\mathrm{.}00$ per unit.

Beginning direct materials inventory is $$5,500.$

Ending direct materials inventory is $$7,100.$

Selling and administrative costs totaled $$138,870.$

Required:

Determine Ceder's budgeted cost of goods sold.

Complete Ceder's budgeted income statement.

Complete this question by entering your answers in the tabs below.

Required $2$

Complete Ceder's budgeted income statement.

Note: Do not round the intermediate values.

$\backslash$table$[[$CEDER COMPANY$],[$Budgeted Income Statement,$],[$Budgeted Sales Revenue,$$,874,500$