Problem 21-2A (Part Level Submission) Deleon Inc. is preparingits annual budgets for the year ending December 31, 2017.Accounting assistants furnish the data shown below. Product JB 50Product JB 60 Sales budget: Anticipated volume in units 400,000200,000 Unit selling price $20 $25 Production budget: Desiredending finished goods units 30,000 15,000 Beginning finished goodsunits 25,000 10,000 Direct materials budget: Direct materials perunit (pounds) 2 3 Desired ending direct materials pounds 30,00010,000 Beginning direct materials pounds 40,000 15,000 Cost perpound $3 $4 Direct labor budget: Direct labor time per unit 0.4 0.6Direct labor rate per hour $12 $12 Budgeted income statement: Totalunit cost $13 $20 An accounting assistant has prepared the detailedmanufacturing overhead budget and the selling and administrativeexpense budget. The latter shows selling expenses of $560,000 forproduct JB 50 and $360,000 for product JB 60, and administrativeexpenses of $540,000 for product JB 50 and $340,000 for product JB60. Interest expense is $150,000 (not allocated to products).Income taxes are expected to be 30%. Collapse question part (a)Correct answer. Your answer is correct. Prepare the sales budgetfor the year. DELEON INC. Sales Budget Entry field with correctanswer JB 50 JB 60 Total Expected unit sales Entry field withcorrect answer Entry field with correct answer Unit selling price$Entry field with correct answer $Entry field with correct answerTotal sales $Entry field with correct answer $Entry field withcorrect answer $Entry field with correct answer Click if you wouldlike to Show Work for this question: Open Show Work SHOW ANSWERLINK TO TEXT LINK TO TEXT Attempts: 4 of 5 used Collapse questionpart (b) Correct answer. Your answer is correct. Prepare theproduction budget for the year. DELEON INC. Production Budget Entryfield with correct answer JB 50 JB 60 Entry field with correctanswer Entry field with correct answer Entry field with correctanswer Entry field with correct answer: Entry field with correctanswer Entry field with correct answer Entry field with correctanswer Entry field with correct answer Entry field with correctanswer Entry field with correct answer Entry field with correctanswer: Entry field with correct answer Entry field with correctanswer Entry field with correct answer Entry field with correctanswer Entry field with correct answer Entry field with correctanswer Click if you would like to Show Work for this question: OpenShow Work SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 4 of 5used Collapse question part (c) Correct answer. Your answer iscorrect. Prepare the direct materials budget for the year. DELEONINC. Direct Materials Budget Entry field with correct answer JB 50JB 60 Total Entry field with correct answer Entry field withcorrect answer Entry field with correct answer Entry field withcorrect answer Entry field with correct answer Entry field withcorrect answer Entry field with correct answer Entry field withcorrect answer Entry field with correct answer Entry field withcorrect answer: Entry field with correct answer Entry field withcorrect answer Entry field with correct answer Entry field withcorrect answer Entry field with correct answer Entry field withcorrect answer Entry field with correct answer: Entry field withcorrect answer Entry field with correct answer Entry field withcorrect answer Entry field with correct answer Entry field withcorrect answer Entry field with correct answer Entry field withcorrect answer $Entry field with correct answer $Entry field withcorrect answer Entry field with correct answer $Entry field withcorrect answer $Entry field with correct answer $Entry field withcorrect answer Click if you would like to Show Work for thisquestion: Open Show Work SHOW ANSWER LINK TO TEXT LINK TO TEXTAttempts: 4 of 5 used Collapse question part (d) Prepare the directlabor budget for the year. (Round Direct labor time per unitanswers to 1 decimal place, e.g. 52.7.) DELEON INC. Direct LaborBudget JB 50 JB 60 Total $ $ $ $ $