Question

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 \$20; the adult bat sells for \$40. 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:

INFORMATION:

QUESTION: Now prepare the cost of goods sold budget.

FILL IN THE BLANKS:

Solution:

 Cost of Goods Sold Budget For the Quarter Ended March 31, 2019 Youth Bats Adult Bats Total Budgeted bats to be sold (A) 1900 2900 Project Manufacturing Cost Per Bat for 2019 (B) \$14 \$16.70 Cost of Goods Sold Budget (A * B) \$26,600 \$48,430 \$75,030

Cost of Goods Sold means the cost related to the units sold.

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