is youth bat Langley's highest sales volume is in the first three months of the year as retailers prepare for the c Question 3 ( potet): The Langley Batting Company manufactures wood baseball bats Challenger. Other data for Langley Baming Company for the first quarter of 2012 . . . . . The youth bat sells for $100 Budgeted sales in units are 4,000 youth bats. Finished Goods Inventory on December 31, 2018, consists of 1,200 youth bats at $14 each Direct materials requirements are 90 ounces of wood per youth bat. The cost of wood is $0.2 per ounce, Desired ending Finished Goods Inventory is 600 youth bats. FIFO inventory costing method is used Raw Materials Inventory of December 31, 2018, consists of 24,000 ounces of wood at $0.22 per ce Desired ending Raw Materials Inventory is 24,000 ounces of wood. Each bat requires 0.8 hours of direct labor; direct labor costs average $18 per hour. Fixed manufacturing overhead includes $2,000 per quarter in depreciation and $20,100 per quarter for other cos Variable manufacturing overhead is $0.25 per bat. (cost driver is units produced) as insurance and property taxes Fixed selling and administrative expenses include $9,000 per quarter for salaries; $2,000 per quarter for rent per quarter for insurance; and $300 per quarter for depreciation. Variable selling and administrative expenses include supplies at 3% of sales. Required: A. Prepare the sales budget for the first quarter of 2019 B. Prepare the Cost of goods sold budget for the first quarter of 2019