The Mata Batting Company manufactures wood baseball bats. Mat's two primary products are a youth bat, designed for children and young toons, and an adult bat, designed for high school and college-aget players Mata sells the bats to sporting Goods stores and all sales are on account. The youth bat os for $45, the adult bat sells for $85. Mata's highest sales volume is in the first three months of the year as rolailors prepare for the spring baseball season Mato's balance sheet for December 31, 2024, and other data for the first quarter of 2025 follow Click the icon to view to balance shoot.) Click to on to view the other data) Read the recitaments w Prodermined overtad allocation rate 125 Requirement 4. Propre Mata's cost of goods sold budget for the first quarter of 2025, Before preparing the cost of goods sold budget calculate the projected manufacturing cost per bat for 2005. (Round all amours to the nearest cont Youth Bas Adult Barts Direct materials cost pet bit Director cost per bal Mandacturing overhead cool per Total projected tutacturing cost per al for 2005 Now prepare the cost of goods sold budget Review the sales budget you prepared above Review the production budget you prepared above Now prepare the cost of goods sold budget. Review the sales budget you prepared above. Review the production budget you prepared above. Mata Batting Company Cost of Goods Sold Budget For the Quarter Ended March 31, 2025 Youth Adult Bats Bats Total Bats produced and sold in 1st quarter of 2025 Total budgeted cost of goods sold Requirement 5. Prepare Mata's selling and administrative expense budget for the first quarter of 2025. Requirement 5. Prepare Mata's selling and administrative expense budget for the first quarter of 2025. Review the sales budget you prepared above. Mata Batting Company Selling and Administrative Expense Budget For the Quarter Ended March 31, 2025 Total budgeted selling and administrative expense Data table More info Mata Batting Company Balance Sheet December 31, 2024 Assets Current Assets Cath 35,000 15 500 4.050 12.200 a. Budgeted sales are 1,100 youth bats and 3600 adult bats b. Finished Goods inventory on December 31, 2024, cons of 350 youth bots at $20 each and 520 adult bots at 510 each c. Desired ending Finished Goods Inventory is 450 youth bats and 400 adult bats FIFO inventory costing method is used d. Direct materials toguruments are 50 urons of wood per youth bat and 56 Ounces of wood poradil batThe cost of wood is 50.15 por un e. Raw Materials Inventory on December 31, 2024.consists of 27.000 ounces of wood at $0.15 por ounce t. Desired ending Raw Materials inventory is 27.000 ons direct materials are insignificant and not considered for budgeting purpos) 9. Each bat requires 0.4 hours of direct labor direct labor costs average 51 per hour h. Variable manufacturing overhead is $0 40 per bal i Foxed martacturing overhead indudes $1.200 per quarter in depreciation and $11.904 per quarter for other costs such as insurance and property Fixed sling and administrative expenses include $12.000 per quarter for salais 53.500 per marted for rent $1.400 por Quarter for innance and $500 5 66.750 Accounts Receivable Raw Materials inventory Finished Goods Inventory Total Current Assets Property. Plant, and Equipment Equipment L. Accumulated Datination 135.000 (10,000) 125.000 Print Done Print Done Data table More info X 135,000 (10.000) 125.000 191.750 Property. Plant, and Equipment Equipment Loss: Accumulated Depreciation Total Assets Liabilities Current Liabiti Accounts Payable Stockholders' liquity Common Stock no por Retired Earnings Total Stockholders Equity Total Liabilities and Stockholders' Equity 20 each and 120 dibats at $10 c. Desired ending Finished Goods Inventory is 450 youth bots and 400 south FIFO inventory costing method is used d. Direct material requirements 50 ounces of wood per youth and 54 Ounces of wood perdut lat. The cost of wood is $0.15 pero.no e. Raw Motorentory on December 31, 2024 consists of 27.000 ounces of wood M50.15 per un 1. Desired ending Raw Materials iventory 27.000 ounces indruct materials are insignificant and not considered for budgeting purposes) Each baroques hors of doet ooreet labore coto wao 510pt hour h. Variable marutacturing overhead is $0.40 per bal Fuod manurg overload indos 1.200 per quanto in deprecation and $11.004 per quarter for other costs, such as insurance and property Food Bling and administrative expenses include $12.000 por Quarter for lies: 53.500 per te forrent $1,400 per quarter for and 5500 per quarter for deprecation k Variatilo soling and administrative expenses include supplies at 4 of sales 5 8.000 140.000 45.750 18.750 5 191,750 Print Done Print Done