Ceder Company has compiled the following data for the upcoming year Sales are expected to be 12,500 units at $46 00 each Each unit requires 2 pounds of direct materials at $2 20 per pound Each unit requires 17 hours of direct labor at $13 00 per hour Manufacturing overhead is $3 20 per unit Beginning direct materials inventory is $3,700 00 Ending direct materials inventory is $4,400 00 Selling and administrative costs totaled $136,170 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 Determine Ceder's budgeted cost of goods sold (Do not round the intermediate values ) Ceder Company has compiled the following data for the upcoming year Sales are expected to be 12 500 units at $46 00 each Each unit requires 2 pounds of direct materials at $2 20 per pound Each unit requires 1 7 hours of direct labor at $13 00 per hour Manufacturing overhead is $3 20 per unit Beginning direct materials inventory is $3,700 00 Ending direct materials inventory is $4,400 00 Selling and administrative costs totaled $136,170 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 Complete Ceder's budgeted income statement (Do not round the intermediate values )

Question

Ceder Company has compiled the following data for the upcoming year    Sales are expected to be 12,500 units at $46 00 each    Each unit requires 2 pounds of direct materials at  $2 20 per pound    Each unit requires 17 hours of direct labor at $13 00 per hour    Manufacturing overhead is $3 20 per unit    Beginning direct materials inventory is $3,700 00   Ending direct materials inventory is $4,400 00   Selling and administrative costs totaled $136,170  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  Determine Ceder's budgeted cost of goods sold  (Do not round the intermediate values ) Ceder Company has compiled the following data for the upcoming year    Sales are expected to be 12 500 units at $46 00 each    Each unit requires 2 pounds of direct materials at $2 20 per pound    Each unit requires 1 7 hours of direct labor at  $13 00 per hour    Manufacturing overhead is $3 20 per unit    Beginning direct materials inventory is $3,700 00    Ending direct materials inventory is $4,400 00    Selling and administrative costs totaled $136,170  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  Complete Ceder's budgeted income statement  (Do not round the intermediate values )

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Ceder Company has compiled the following data for the upcoming year: - Sales are expected to be 12,500 units at $46.00 each. - Each unit

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