e Limit: 2:30:00 Time Left:2:03:52 Kazi Ishtiaque Ahmed: Attempt 1 31 21 11 4 5 Putative PUTILS/ Jaycu Big Bob's Bowling Balls Ltd. produces bowling balls in a variety of designer colours. 2019 Master budget data is as follows: Quarter 1 2 3 4 (Jan-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) Total Sales (units) 10,000 15,000 11,000 15,000 51,000 7 8 9 Unit Price: $150 $150 $150 $150 > Production (units) 10,200 14,600 11,400 15,150 51,350 10 11 11 12 Raw material required per unit (Kilograms) 2 2 2 2 Raw material price per kilogram $10 $10 $10 $10 Direct labour hours per unit 1.5 1.5 1.5 1.5 13 14 15 > SV. Direct labour rate $15 $15 $15 $15 Manufacturing overhead allocations per unit $25 $25 $25 $25 16 1V8 ZV 116 17 18 Selling, general and administrative expenses $276,250 $291,250 $279,250 $291,250 $1,138,000 19 19 20 20 21 4 we here to search Required: For the fourth quarter of 2019 a) Calculate Big Bob's cost of goods sold. (3 marks) b) Prepare Big Bob's budgeted multi-step income statement; ignore interest and taxes. (4 marks) A template for your answer is provided below. B