Question list

The Langley Batting Company manufactures wood baseball bats. Langley Batting Company's two primary products are a youth bat, designed for children and young teens, and an adult bat, $$45.$ Langley Batting Company's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season. Langley Batting Company's balance sheet for December $31,2025,$ and other data for the first quarter of $2026,$ follow:

Other Data

a$.$ Budgeted sales are $1,700$ youth bats and $3,300$ adult bats.

b$.$ Finished Goods Inventory on December $31,2025,$ consists of $600$ youth bats at $$14$ each and $560$ adult bats at $$11$ each.

c$.$ Desired ending Finished Goods Inventory is $100$ youth bats and $460$ adult bats; FIFO inventory costing method is used.

d$.$ Direct materials requirements are $46$ ounces of wood per youth bat and $64$ ounces of wood per adult bat. The cost of wood is $$0\mathrm{.}30$ per ounce.

e$.$ Raw Materials Inventory on December $31,2025,$ consists of $20,000$ ounces of wood at $$0\mathrm{.}30$ per ounce.

f$.$ Desired ending Raw Materials Inventory is $20,000$ ounces $($indirect materials are insignificant and not considered for budgeting purposes$).$

g$.$ Each bat requires $0\mathrm{.}5$ hours of direct labor; direct labor costs average $$12$ per hour.

h$.$ Variable manufacturing overhead is $$0\mathrm{.}80$ per bat.

i$.$ Fixed manufacturing overhead includes $$1,400$ per quarter in depreciation and $$1,680$ per quarter for other costs, such as insurance and property taxes.

j$.$ Fixed selling and administrative expenses include $$14,000$ per quarter for salaries; $$2,500$ per quarter for rent; $$1,400$ per quarter for insurance; and $$100$ per quarter for depreciation.

k$.$ Variable selling and administrative expenses include supplies at $5\%$ of sales.

The Langley Batting Company manufactures wood baseball bats. Langley Batting Company'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. Langley Batting Company sells the bats to sporting goods stores and all sales are on account. The youth bat sells for $$40$; the adult bat selle $$45.$ Langley Batting Company's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season. Langley Batting Company's balance sheet for December $31,2025,$ and other data for the first quarter of $2026,$ follow:

View the balance sheet.

View the other data.

Read the requirements.

Requirement $2.$ Prepare Langley Batting Company's production budget for the first quarter of

$\backslash$table$[[\backslash$table$[[$Langley Batting Company$],[$Production Budget$],[$For the Quarter Ended March $31,2026]]],[,\backslash$table$[[$Youth$],[$Bats$]],\backslash$table$[[$Adult$],[$Bats$]],$Total$],[$Budgeted bats to be sold,$1,700,3,300,5,000],[$Plus: Desired bats in ending inventory$],[$Total bats needed,,,$],[$Less: Bats in beginning inventory,$600,560,1,160],[$Budgeted bats to be produced,$=,,]]$

Prepare Langley Batting Company's sales budget for the first quarter of $2026.$

Prepare Langley Batting Company's production budget for the first quarter of $2026.$

Prepare Langley Batting Company's direct materials budget, direct labor budget, and manufacturing overhead budget for the first quarter of $2026.$

Round the predetermined overhead allocation rate to two decimal places. The overhead allocation base is direct labor hours.

Prepare Langley Batting Company's cost of goods sold budget for the first quarter of $2026.$

Prepare Langley Batting Company's selling and administrative expense budget for the first quarter of $2026.$

Question list

The Langley Batting Company manufactures wood baseball bats. Langley Batting Company's two primary products are a youth bat, designed for children and young teens, and an adult bat, $$45.$ Langley Batting Company's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season. Langley Batting Company's balance sheet for December $31,2025,$ and other data for the first quarter of $2026,$ follow:

Other Data

a$.$ Budgeted sales are $1,700$ youth bats and $3,300$ adult bats.

b$.$ Finished Goods Inventory on December $31,2025,$ consists of $600$ youth bats at $$14$ each and $560$ adult bats at $$11$ each.

c$.$ Desired ending Finished Goods Inventory is $100$ youth bats and $460$ adult bats; FIFO inventory costing method is used.

d$.$ Direct materials requirements are $46$ ounces of wood per youth bat and $64$ ounces of wood per adult bat. The cost of wood is $$0\mathrm{.}30$ per ounce.

e$.$ Raw Materials Inv