Deleon inc is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. An accounting assistant has prepared the detalled manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $665,000 for product JB50 and $361,000 for product JB60, and administrative expenses of $541,000 for product JB 50 and $344,000 for product JB 60 . Interest expense is $150,000 (not allocated to products). Income taves are expected to be 30% Prepare the sales bud get for the year. DELEON INC. Sales Budget eTextbook and Media Prepare the production budget for the year: DELEON INC. Production Budget JB 50 JB 60 Prepare the production budget for the year. Prepare the direct materials budget for the year. Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, e.g. 52.5.) eTextbook and Media Prepare the budegeted multiple-step income statement for the year. (Note: income taxes are not allocated to the products). repare the budegeted multiple-step income statement for the year. (Note: income taxes are not allocated to the products)