The Mata Batting Company manufactures wood baseball bats. Mata'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. Mata sells the bats to sporting goods stores and all sales are on account. The youth bat sells for $45; the adult bat sells for $80. Mata's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season. Mata's balance sheet for December 31, 2024, and other data for the first quarter of 2025 follow: (Click the icon to view the balance sheet.) (i) (Click the icon to view the other data.) Read the requirements. Requirement 1. Prepare Mata's sales budget for the first quarter of 2025. Wighest sales volume is in. rit three morithe of the year as retalers prepare for the Mata's balance sheet for Docember 31, 2024, and other data for the first quatter of 202 (Click the icon to viow the balance sheet.) i) (Cicie the icon to view the Read the requirements. Requirement 1. Prepare Mata's sales budget for the frst quarter at 202.5. Data table The Mata Bating Company mu res wood baseball bats. Mata's two primary products a for children and young teens, anu wir adult bat, designed for high school and collego-aged pla to sporting good stores and all sales are on account. The youth bat seils for \$45; the adult b tighost salet volume is in the first three months of the year as retailers prepare for the spring Mata's balance sheet for December 31, 2024, and other dota for the first quarter of 2025 follc (Click the icon to view the bilance sheet.) 1. (Click the icon lo stew the othe Read the tefuicements Requirement 1. Prepare Mata's sales budget for the first quarter of 2025. More info a. Budgeted sales are 1,600 youth bats and 3,400 adult bats. b. Finished Goods Inwentory on December 31, 2024, consists of 650 youth bats at $19 each and 560 adult bats at $16 each. c. Desired ending Finished Goods Inventory is 500 youth bats and 500 adult bats; FIFO inventory costing method is used. d. Direct materals requirements are 42 ounces of wood per youth bat and 60 ounces of wood per adult bat. The cost of wood is $0.30 per ounce. e. Raw Malerials Inventory on December 31, 2024, consists of 22,000 ounces of wood at $0.30 per ounce. f. Desired ending Raw Maaterials Inventory is 22,000 ounces indirect materials are insignificant and not considered for budgeting purposes)? 9. Each bat requires 0.5 hours of direct labor, direct labor costs average $20 per hour. h. Variable manutacturing overhead is 50.50 per bat. 1. Fixed manutacturing overhead includes $900 per quarter in depreciation and \$20,655 per quarter for other costs, such as insurance and property taxes. 1. Fixed selling and administrafive expenses include $10.000 per quatter for salaries: $1,500 per quarter for rent, $1,500 per quarter for insurance; and $300 per quarter for depreciation. k. Variabie selling and administrative expenses include supplios at 4% of sales
