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 403,900 201,200 Unit selling price $23 $28 Production budget: Desired ending finished goods units 26,400 16,700 Beginning finished goods units 32,900 12,600 Direct materials budget: Direct materials per unit (pounds) 2 2 Desired ending direct materials pounds 33,900 18,900 Beginning direct materials pounds 42,700 11,000 Cost per pound $2 $3 Direct labor budget: Direct labor time per unit 0.4 0.6 Direct labor rate per hour $11 $11 Budgeted income statement: Total unit cost $14 $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 $363,000 for product JB 60, and administrative expenses of $544,000 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. +A $ DELEON INC. Sales Budget For the Quarter Ending December 31, 2020 For the Year Ending December 31, 2020 December 31, 2020 +A +A $ +A $ +A Total Prepare the production budget for the year. DELEON INC. Production Budget December 31, 2020 For the Quarter Ending December 31, 2020 For the Year Ending December 31, 2020 > JB 60 Prepare the direct materials budget for the year. : DELEON INC. Direct Materials Budget For the Year Ending December 31, 2020 For the Quarter Ending December 31, 2020 December 31, 2020 $ $ JB 60 Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, e.g. 52.5.) DELEON INC. Direct Labor Budget For the Quarter Ending December 31, 2020 For the Year Ending December 31, 2020 December 31, 2020 3 60 > > SA $ EA GA $ A +A $ Tota Prepare the budegeted multiple-step income statement for the year. (Note: income taxes are not allocated to the products). $ DELEON INC. Budgeted Income Statement December 31, 2020 For the Quarter Ending December 31, 2020 For the Year Ending December 31, 2020 $ $ $ $ Total