Required 2:

Ceder Company has compiled the following data for the upcoming year: - Sales are expected to be 13,000 units at $47 each. - Each unit requires 3 pounds of direct materials at $2.30 per pound. - Each unit requires 1.8 hours of direct labor at $14 per hour. - Manufacturing overhead is $3.30 per unit. - Beginning direct materials inventory is $3,800. - Ending direct materials inventory is $4,550. - Selling and administrative costs totaled $136,320. Required: 1. Determine Ceder's budgeted cost of goods sold. Complete this question by entering your answers in the tabs below. Determine Ceder's budgeted cost of goods sold. Note: Do not round the intermediate values. Complete Ceder's budgeted income statement. Note: Do not round the intermediate values