please help

Crane Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the following Product JB 50 Product JB 60 Sales budget: Anticipated volume in units 504,000 252,000 Unit selling price $20 $25 Production budget: 37,800 18.900 31,500 12,600 2 3 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 37,800 12,600 50,400 18,900 $3 $4 0.40 0.60 Direct labor rate per hour $12 $12 Direct labor budget: 0.40 0.60 $12 $12 Direct labor time per unit Direct labor rate per hour Budgeted income statement: Total unit cost $13 $20 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $705,600 for product JB 50 and $453,600 for product JB 60, and administrative expenses of $680,400 for product JB 50 and $428,400 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20% (a) Your answer is partially correct, Prepare the sales budget for the year. CRANE INC. Sales Budget For the Year Ending December 31, 2022 JB 50 JB 60 Total CRANE INC. Sales Budget For the Year Ending December 31, 2022 JB 50 JB 60 Total Expected Unit Sales 504000 252000 Unit Selling Price $ 35 $ 40 Total Sales $ 17640000 10080000 768600 Prepare the production budget for the year. CRANE INC. Production Budget JB 50 JB 60 CRANE 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.) CRANE INC. Direct Labor Budget JB 50 JB 60 Total $ $ $ $ TA Prepare the budgeted multiple-step income statement for the year. (Note: income taxes are not allocated ta the products). CRANE INC. Budgeted Income Statement JB 50 JB 60 Total $ $ $