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Question 12 of 13 0.75/1.25 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 60 402,100 204,400 $23 $27 29,900 18,100 33,300 14,600 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 Direct labor rate per hour Budgeted income statement: 1 2 31.100 16,700 42,500 12,000 $2 $4 0.3 0,6 $12 $12 Total unit cost $13 $21 0.3 0.6 $12 $12 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 $664,000 for product JB 50 and $365,000 for product JB 60, and administrative expenses of $545,000 for product JB 50 and $345,000 for product JB 60. Interest expense is $150,000 (not allocated to products) Income taxes are expected to be 30%. (a) 0.75/1.25 ili Question 12 of 13 1 Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, eg. 52.5.) DELEON INC. Direct Labor Budget JB 50 JB 60 Tota $ $ $ Save for Later Attempts: 0 of 5 used Submit

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