Cullumber Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the following. 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 Product JB 50 424,000 $20 31,800 26,500 2 31,800 42,400 $3 Product JB 60 212,000 $25 15,900 10,600 10,600 15,900 $4

Cullumber inc. is preparing its annual budgets for the year ending December 31,2022 . Accounting assistants furnish the following. \begin{tabular}{ll} ProductJB50 & ProductJB60 \\ \hline \end{tabular} Sales budget: Anticipated volume in units 424,000212,000 Unit selling price $20$25 Production budget: Desired ending finished goods units 31,80015,900 Beginning finished goods units 26,50010,600 Direct materials budget: Direct materials per unit (pounds) 2. 3 Desired ending direct materials pounds 31,80010,600 Beginning direct materials pounds 42,40015,900 Cost perpound $3$4 Saies buaget: Anticipated volume in units 424,000212,000 Unit selling price $20 $25 Production budget: Desired ending finished goods units 31,800 15,900 Beginning finished goods units 26.500 10,600 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 incomestatement: Totalunit cost 2 31,800 42.400 $3 0.40 $12 $12 $4 3 10,600 15,900 0.60 $12 $13 $20 An accountine assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $593,600 for product JB 50 and $381,600 for product JB 60 , and administrative expenses of $72,400 for product J850 and $360,400 for product JB60. Interest expense is $150,000 inot allocated to products). Income taxes are expected to be 20%