The Mats Dating Company manufactures wood baseball bats Meta's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and colege-aged players Matt sporting goods stores and all sales are on account. The youth bet sels for $45 the adult bat sells for 550 Mata's highest sales volume is in the first twee months of the year as retailers prepare for the spring basstel season, Matar's balarce sheet for December 31,2018, and other dala for the first quarter of 2019 follow Click the icon to sew the balance shout.) Click the loon to view the other dels) x Read the sements More info Butgeled sales are 1,500 youts bats and 3,200 adut but Manufacturing overhead cost per bat 4.00 4.00 Finished Goods inventory on December 31, 2018, consists of 350 youth but at 10 h. each and 750 adult bats at $15 each Tolal projected manufacturing cost per bat for 2019 34.00 $ 35.00 Now prepare the cost of goods sold budget Review the sains budost you aresared abst Review the production budget you aspec Mata Batting Company Cost of Goods Bold Budget For the Quarter Ended March 31, 2018 Degewingtory Bas produced and said in tal quarter of 2018 Tatal budgeted net of goods d Youth Adul Bata Total Help me solve this Demodocs example Get more help Desired ending Fested Goods Inventory is 450 youth b and 350 anut ban FIFO inventory costing method is used Direct meals requirements are 50 ounone of wood per youth bat and 54 outcas d of wood per adult bat. The cost of wood is $0.40 per ouros Raw Materials veetory on December 31, 2018, consists of 30.000 cunces of wood 50 40 per cunce Desired ending Flow Maleres vertory is 30,000 conces Ondirect mes are f insignificant and set sansidered for targeting purpose) Tech hat es 4 hours of det bor direct labor coels average 125 per hour Variatie manufacturing overheat is 50 50 Fand manuftig overheat chudes $400 per quarter in depan and $15.000 per quanter for other couts, such as insurance and property Fixed sing and admaps dude 3.000 perqaf $1,000 per quarter for rent $1,000 per quarter for us, and 5400 per ofe for depreciation Verable sing and sombative expenses incate suplas % of Print Dona Check answer More info a. Budgeted sales are 1,500 youth bats and 3,200 adult bats. Finished Goods Inventory on December 31, 2018, consists of 350 youth bats at $19 b. each and 750 adult bats at $16 each. Desired ending Finished Goods Inventory is 450 youth bats and 350 adult bats; c. FIFO inventory costing method is used. Direct materials requirements are 50 ounces of wood per youth bat and 54 ounces d. of wood per adult bat. The cost of wood is $0.40 per ounce. Raw Materials Inventory on December 31, 2018, consists of 30,000 ounces of wood e. at $0.40 per ounce. Desired ending Raw Materials Inventory is 30,000 ounces (indirect materials are f. insignificant and not considered for budgeting purposes). g. Each bat requires 0.4 hours of direct labor; direct labor costs average $25 per hour. h. Variable manufacturing overhead is $0.50 per bat. Fixed manufacturing overhead includes $400 per quarter in depreciation and i. $15,000 per quarter for other costs, such as insurance and property taxes. Fixed selling and administrative expenses include $8,000 per quarter for salaries; $1,000 per quarter for rent; $1,800 per quarter for insurance; and $400 per quarter j. for depreciation. k. Variable selling and administrative expenses include supplies at 5% of sales. - 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 $55. 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, 2018, and other data for the first quarter of 2019 follow (Click the loon to view the other data]) (Click the icon to view the balance sheet) Read the quint More info Mata Batting Company Cost of Goods Sold Budget For the Quarter Ended March 31, 2019 Beginning inventory Bats produced and sold in 1st quarter of 2019 Total budgeted cost of goods sold Youth Adult Bats Bats Total