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 1860 Sales budget Anticipated volume in units 400,000 200.000 Unit selling price $20 $25 Production budget: Desired ending finished goods units 30,000 15,000 Beginning finished goods units 25,000 10,000 Direct materials budget Direct materials per unit (pounds) 2 3 Desired ending direct materials pounds 30,000 10.000 Beginning direct materials pounds 40,000 15.000 Cost per pound 53 54 Direct labor budget: Direct labor time per unit 04 06 Direct labor rate per hour $12 $12 Budgeted income statement Total unit cost $13 $20 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget The latter shows selling expenses of $560,000 for product JB 50 and $360,000 for product 18 60, and administrative expenses of $540,000 for product JB 50 and $340,000 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 1850 DELEON INC. Sales Budget 3 1860 Total An accounting assistant has prepared the detailed manufacturing overhead budget and the setting and administrative expense budget The latter shows selling expenses of $560,000 for product JB 50 and $360,000 for product JB 60, and administrative expenses of $540,000 for product JB 50 and $340,000 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. eTextbook and Media JB50 DELEON INC. Sales Budget $ $ $ Prepare the production budget for the year, DELEON INC. Production Budget eTextbook and Media JB 60 Total JB50 JB 60 eTextbook and Media Prepare the direct materials budget for the year. DELEON INC. Production Budget JB 50 DELEON INC. Direct Materials Budget JB 50 $ S $ S JB 60 JB 60 eTextbook and Media v > DELEON INC. Direct Materials Budget JB 50 $ S S JB 60 Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, es 52.5J DELEON INC. Direct Labor Budget JB 50 $ $ JB 60 Total