PRINTER VERSION Problem 23-2A (Part Level Submission) Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below 4 BACK NEXT Product Product JB 50 JB 60 Sales budget: Anticipated volume in units Unit selling price 403,200203,400 $22 $28 Production budget: Desired ending finished goods units Beginning finished goods units 26,700 32,500 19,700 11,400 Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds4,3011.200 34,30019,500 Beginning direct materials pounds Cost per pound $3 $3 Direct labor budget: 0.4 0.6 Direct labor time per unit Direct labor rate per hour Budgeted income statement: $12 $12 $13 $21 Total unit cost An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $663,000 for product 18 taxes are expected to be 30%