(c) Prepare the direct materials budget for the year DELEON INC. Direct Materials Budget JB 50 JB 60 Total > > > $ > $ LINK TO TEXT LINK TO TEXT Problem 24-02A a-e (Part Level Submission) Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants Product Product JB 50 JB 60 Sales budget: Anticipated volume in units 403,200 203,300 Unit selling price $23 $28 Production budget: Desired ending finished goods units 28,000 17,000 Beginning finished goods units 33,500 12,100 Direct materials budget: Direct materials per unit (pounds) 1 2 Desired ending direct materials pounds 33, 100 16,400 Beginning direct materials pounds 44,900 14,900 Cost per pound $3 $4 Direct labor budget: Direct labor time per unit 0.3 0.6 Direct labor rate per hour $11 $11 Budgeted income statement: Total unit cost $14 $22 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and admin $362,000 for product 3B 60, and administrative expenses of $545,000 for product JB 50 and $344,000 for p 30% and administrative expense budget. The latter shows selling expenses of $665,000 for product JB 50 and ,000 for product 28 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be