I really need help with this problem, and the steps i need to take for proper calculations. 1-5

>Problems Group A P22-38A Preparing an operating budget-sales, production, direct mater direct labor, overhead, COGS, and S& A expense budgets The Langley Batting Company manufactures wooud baschsall bats langley's wot mary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and college -aged players. Langley sells t goods stores, and all sales are on account. The vouth bat sells for $40; the adult bat sells for S65. Langley's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season. 31, 2018, follows: he bats to sporting Langley's balance sheet for December LANGLEY BATTING COMPANY Balance Sheet December 31, 2018 Assets Current Assets: Cash Accounts Receivable Raw Materials Inventory Finished Goods Inventory Total Current Assets 30,000 16,700 6,000 21,300 74,000 Property, Plant, and Equipment Equipment Less: Accumulated Depreciation 130,000 50,000) 80,000 154.00 Total Assets Liabilities Current Liabilities: Accounts Payable 15,200 Stockholders' Equity Common Stock, no par Retained Earnings 90,000 48,800 Total Stockholders' Equity Total Liabilities and Stockholders' Equity 38,800 $154,000 Other data for Langley Batting Company for the first quarter of 2019: a. Budgeted sales are 1,200 youth bats and 2,600 adult bats. b. Finished Goods Inventory on December 31, 2018, consists of 300 youth bats at $14 each and 950 adult bats at $18 each. c. Desired ending Finished Goods Inventory is 350 youth bats and 300 adult bats: FIFO inventory costing method is used. Direct materials requirements are 48 ounces of wood per youth bat of wood per adult bat. The cost of wood is $0.25 per ounce. d. and 56 ounces