just need help with number 5. selling and administrative expense budget for 1st quarter 2019

tve 3 P22-38A Preparing an operating budget-sales, production, direct materials, direct labor, overhead, COGS, and S&A expense budgets IR $10 2.540 The Langley Batting Company manufactures wood baseball bats. Langley's two pri 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 the bats to sporting goods stores, and all sales are on account. The youth bat sells for $40; the adult bat sells for $65. Langley's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season. Lang?ey's balance sheet for December 31, 2018, follows: LANGLEY BATTING COMPANY Balance Sheet December 31, 2018 Assets Current Assets Cash Accounts Receivable Raw Materials Inventory Finished Goods Inventory Total Current Assets s30,000 16,700 6,000 21,300 74,000 Property, Plant, and Equipment: 130,000 Equipment Less: Accumulated Depreciation (50,000) 80,000 Total Assets $154,000 Liabilities Current Liabilities: s15,200 Accounts Payable Stockholders' Equity Common Stock, no par Retained Earnings $90,000 48,800 Total Stockholders' Equity Total Liabilities and Stockholders' Equity 138,800 $ 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 S18 each. d 300 adult bats: c. Desired ending Finished Goods Inventory is 350 youth bats ar FIFO inventory costing method is used Direct materials requirements are 48 ounces of wood per youth bata of wood per adult bat. The cost of wood is $0.25 per ounce and 56 ounces