Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data hown below. Product Pro JB 50 JB 60 Sales budget: Anticipated volume in units Unit selling price 402100 204400 $23 $27 Production budget: Desired ending finished goods units Beginning finished goods units 29 900 18100 33300 14600 Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound 2 16700 42500 12000 $2 $4 31100 Direct labor budget: 0.3 0.6 $12 $12 Direct labor time per unit Direct labor rate per hour Budgeted income statement: $13 $21 Total unit cost An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $664000 for product JB 50 and $365000 for product JB 60, and administrative expenses of $545000 for product JB 50 and $345000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%. Prepare the production budget for the year. DELEON INC Production Budget JB 50 JB 60 eTextbook and Media Attempts: O of 3 used Save for Later Check