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 403,200 205,000 $27 Unit selling price $22 Production budget: Desired ending finished goods units 26,300 16,000 Beginning finished goods units 31,200 13,300 Direct materials budget: Direct materials per unit (pounds) 2 Desired ending direct materials pounds 33,300 17,900 Beginning direct materials pounds 43,500 $2 13,100 $3 Cost per pound Direct labor budget: Direct labor time per unit 0.4 $12 0.6 $12 Direct labor rate per hour 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 $362,000 for product JB 60, and administrative expenses of $542,000 for product JB 50 and $345,000 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. DELEON INC. Sales Budget JB 50 - JB60 Total e Textbook and Media Prepare the production budget for the year. DELEON INC. Production Budget JB 50 JB 60 e Textbook and Media 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 JB 50 JB 60 Total e Textbook and Media Prepare the budegeted multiple-step income statement for the year. (Note: income taxes are not allocated to the products). DELEON INC. Budgeted Income Statement JB 50 JB 60 Total e Textbook and Media