Ceder Company has complled the following data for the upcoming year: - Sales are expected to be 12,000 units at $51 each. - Each unit requires 2 pourds of direct materials at $310 per pound. - Each unit requires 1.9 hours of direct labor at $14 per hour. - Manufacturing overhead is $4.10 per unit. - Beginning direct materials inventory is $4,600. - Ending direct materials inventory is $5750. - Selling and administrative costs totaled $137,520. 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. Noter Do not round the intermediste values