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		404,200		201,400
Unit selling price		$21		$28
Production budget:
Desired ending finished goods units		29,100		16,800
Beginning finished goods units		31,200		14,600
Direct materials budget:
Direct materials per unit (pounds)		1		2
Desired ending direct materials pounds		32,000		19,500
Beginning direct materials pounds		41,700		14,100
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 $663,000 for product JB 50 and $364,000 for product JB 60, and administrative expenses of $541,000 for product JB 50 and $342,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%.

(a)

Prepare the sales budget for the year.

DELEON INC. Sales Budget For the Quarter Ending December 31, 2020December 31, 2020For the Year Ending December 31, 2020
		JB 50		JB 60		Total
Direct LaborDirect MaterialsExpected Unit SalesProduction UnitsTotal SalesUnit Selling Price
Direct LaborDirect MaterialsExpected Unit SalesProduction UnitsTotal SalesUnit Selling Price		$		$
Direct LaborDirect MaterialsExpected Unit SalesProduction UnitsTotal SalesUnit Selling Price		$		$		$

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 60 404,200 $21 201,400 $28 29,100 31,200 16,800 14,600 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 Direct labor budget Direct tabor time per unit Direct labor rate per hour Budgeted income statement Total unit cost 1 32,000 41.700 $3 2 19.500 14.100 $3 0.4 $12 0.6 $12 $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 5663,000 for product JB 50 and $364,000 for product JB 60, and administrative expenses of $541,000 for product JB 50 and $342.000 for product 30 60. Interest expense is $150.000 (not allocated to products) Income taxes are expected to be 30% An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $663,000 for product JB 50 and $364.000 for product JB 60, and administrative expenses of $541,000 for product JB 50 and $342,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30% (a) Prepare the sales budget for the year. DELEON INC. Sales Budget JB 50 JB 60 Total $ $ eTextbook and Media Se for Attempts: 0 of 3 used Submit