INFORMATION:

The Mata Batting Company manufactures wood baseball bats. Mata's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and college-aged players. Mata sells the bats to sporting goods stores and all sales are on account. The youth bat sells for $20; the adult bat sells for $40. Mata's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season. Mata's balance sheet for December 31, 2018, and other data for the first quarter of 2019 follow:

PREVIOUS REQUIREMENT ANSWERS:

QUESTION (FILL IN THE BLANKS):

prepare the cost of goods sold budget.

Mata Batting Company Balance Sheet December 31, 2018 Assets Current Assets: Cash Accounts Receivable Raw Materials Inventory Finished Goods Inventory Total Current Assets S 45,000 21,600 3,450 14,540 $84,590 Property, Plant, and Equipment: Equipment 135,000 Less: Accumulated Depreciation (70,000) 65,00