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Current Attempt in Progress Deleon Inc is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below Product JB 50 Product JB 60 403,400 203,700 $22 $27 29,900 17,700 34.700 12.000 Sales budget Anticipated volume in units Unit selling price Production budget Desired ending finished goods units Beginning finished goods units Direct materials budget. Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound Direct labor budget Direct labor time per unit 1 2 32.800 16.600 43,800 12300 53 $3 04 0.6 Direct labor rate per hour $10 $10 Budgeted Income statement Total unit cost $13 521 0.4 0.6 $10 $10 Direct labor time per unit Direct labor rate per hour Budgeted income statement Total unit cost $13 $21 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget The latter shows selling expenses of $662,000 for product JB 50 and $364,000 for product JB 60 and administrative expenses of $544,000 for product JB 50 and $343.000 for product JB 60. Interest expenses $150,000 (not allocated to products). Income taxes are expected to be 30% (a) Prepare the sales budget for the year DELEON INC. Sales Budget 3850 JB 60 Total 5 Textbook and Media

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