Check my work 12 Ceder Company has compiled the following data for the upcoming year po Sales are expected to be 12,500 units at $46.00 each . Each unit requires 2 pounds of direct materials at $220 per pound Each unit requires 17 hours of direct labor at $13.00 per hour Manufacturing overhead is 53.20 per unit Beginning direct materials inventory is $3700.00 Ending direct materials inventory is $4.40000 Selling and administrative costs totaled $136,170 os 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 Requires 2 Determine Ceder's budgeted cost of goods sold. (Do Not Found the intermediate values) Bad Costa Goosid Red 25 Check my w 12 Hequirea: 1. Determine Ceder's budgeted cost of goods sold. 2. Complete Ceders budgeted income statement 10 points Complete this question by entering your answers in the tabs below. Rebuired 1 Required 2 Complete Ceder's budgeted income statement. (Do not round the intermediate values.) CEDER CORP. Dudgeted Income Statement Budgeted Cross Margin Bu gede Operating income (Required ME HU