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		401,100		202,100
Unit selling price		$23		$27
Production budget:
Desired ending finished goods units		26,100		19,800
Beginning finished goods units		31,800		14,200
Direct materials budget:
Direct materials per unit (pounds)		2		2
Desired ending direct materials pounds		33,800		18,000
Beginning direct materials pounds		41,000		14,400
Cost per pound		$3		$3
Direct labor budget:
Direct labor time per unit		0.4		0.6
Direct labor rate per hour		$12		$12
Budgeted income statement:
Total unit cost		$12		$22

An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $662,000 for product JB 50 and $363,000 for product JB 60, and administrative expenses of $544,000 for product JB 50 and $343,000 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.

Prepare the sales budget for the year. DELEON INC. Sales Budget For the Year Ending December 31, 2020 JB 50 JB 60 Total $ $ $ $ Prepare the production budget for the year. DELEON INC. Production Budget JB 50 JB 60 V: v : Prepare the direct materials budget for the year. DELEON INC. Direct Materials Budget JB 50 JB 60 Total $ $ $ $ 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 V JB 50 JB 60 Total $ $ $ $ $ DELEON INC. Budgeted Income Statement JB 50 JB 60 Total $ $ $