Kimmel, Accounting, 6e CALCULATOR PRINTER VERSION BA Problem 21-2A (Part Level Submission) Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below. Product Product JB 50 JB 60 Sales budget: Anticipated volume in units Unit selling price 402,800 203,900 $28 $23 Production budget: Desired ending finished goods units Beginning finished goods units 27,800 19,000 34,900 13,600 Direct materials budget Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds 32,100 18,500 43,000 14,600 $3 Cost per pound $3 Direct labor budget Direct labor time per unit Direct labor rate per hour 0.4 0.6 $12 $12 Budgeted income statement Total unit cost $14 21 An accounting assistant has prepared the 661,000 for product 18 50 and $365,000 for product 38 60, and administrative expenses of is $150,000 (not allocated to products). Income taxes are expected to be 30% budget and the selling and administrative expense budget. The latter shows selling expenses $543,000 for product J8 50 and $342,000 for product 38 60. Interest expens detailed manufacturing overhead Your answer is correct