Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. 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 labor time per unit Direct labor rate per hour Budgeted income statement: Total unit cost Product JB 50 404,900 $22 29,800 32,200 2 32,100 43,100 $3 0.4 $11 $12 Product JB 60 201,000 $28 19,900 11,500 3 18,400 14,300 $4 0.6 $11 $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 $361,000 for product JB 60, and administrative expenses of $543,000 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%.

Deleon inc is preparing its annual budgets for the year endine December 31, 2020, Mcoounting assistants furrith the tata shown Belons An accountieg awntant has grepared the detaled manufacturing everie ad fudert asd the seling and adminutrative eaperme cudcet. ye espected tipbe 30th