The Mata Batting company manufactors wood baseball bats. Matas two promary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and college players. Mata sells the bats to sporting goods stores and all sales are on account. The youth bat sells for $45 and the adult bat sells for $70. Matas highest sales volume in the first three months of the year as retailers prepare for the spring baseball season. Matas balance sheet for December 31, 2018 and other data for the first quarter of 2019 follow

Requirement 1. Prepare Mata's sales budget for the first quarter of 2019. Mata Batting Company Sales Budget For the Quarter Ended March 31, 2019 Youth Adult Bats Bats Total Budgeted bats to be sold Sales price per unit Total sales X - Data Table pned ar a: NO for 9 fo ico Mata Batting Company Balance Sheet Dicember 31, 2018 Assets 19. Current Assets: Cash 32,000 22,500 1 9,450 17,800 Accounts Receivable Raw Materials Inventory Finished Goods Inventory Total Current Assets Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation 81,750 135,000 (70,000) 65,000 $ 146,750 Total Assets Liabilities Current Liabilities: Accounts Payable $ 13,600 Stockholders' Equity wer. Print Done 's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed ells for $45; the adult bat sells for $70. Mata's highest sales volume is in the first three months of the year as 2019 the * More Info X 2019 tal a. Budgeted sales are 1,500 youth bats and 3,100 adult bats. Finished Goods Inventory on December 31, 2018, consists of 550 youth bats at $17 b. each and 650 adult bats at $13 each. Desired ending Finished Goods Inventory is 220 youth bats and 320 adult bats; C. FIFO inventory costing method is used. Direct materials requirements are 42 pounces of wood per youth bat and 54 ounces d. of wood per adult bat. The cost of wood is $0.35 per ounce. Raw Materials Inventory on December 31, 2018, consists of 27,000 ounces of wood e. at $0.35 per ounce. Desired ending Raw Materials Inventory is 27,000 ounces (indirect materials are f. insignificant and not considered for budgeting purposes). g. Each bat requires 0.6 hours of direct labor; direct labor costs average $12 per hour. h. Variable manufacturing overhead is $0.90 per bat. Fixed manufacturing overhead includes $900 per quarter in depreciation and $5,010 1. per quarter for other costs, such as insurance and property taxes. Fixed selling and administrative expenses include $6,000 per quarter for salaries; $5,500 per quarter for rent: $1,400 per quarter for insurance; and $100 per quarter 1. for depreciation. k. Variable selling and administrative expenses include supplies at 1% of sales. Print Done