5 Problem 9-2A (Video) 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 Sales budget: Anticipated volume in units Unit selling price 404,900 201,000 $22 $28 Production budget: Desired ending finished goods units 29,800 19,900 Beginning finished goods units 32,200 11,500 Direct materials budget: Direct materials per unit (pounds) 2 3 Desired ending direct materials pounds 32,100 18,400 Beginning direct materials pounds 43,100 14,300 Cost per pound $3 $4 Direct labor budget: Direct labor time per unit Direct labor rate per hour Budgeted income statement: Total unit cost 0.4 0.6 $11 $11 $12 $21 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $665,000 for product JB 50 and $361,000 for product JB 60, and administrative expenses of $543,000 for product JB 50 and $341,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%. Prepare the sales budget for the year. DELEON INC. Sales Budget JB 50 JB 60 Total