Problem 13-2 (Part Level Submission) Blue Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below. ASSIGNMENT RESOURCES ACC-240 TOPIC 06 ASSIGNMENT Problem 13-2 (Part Level Submission) Problem 13-3 (Part Level Submission) Problem 13-4 (Part Level Submission) Problem 14-3A (Part Level Submission) Product JB 50 Product JB 60 404,200 $21 201,400 $28 29,100 31,200 Review Score Review Results by Study Objective 16,800 14,600 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 32,000 41,700 19,500 14,100 $3 0.6 0.4 $12 $12 $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 $663,000 for product JB 50 and $364,000 for product JB 60, and administrative expenses of $541,000 for product JB 50 and $342,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%. Attempts: 4 of 10 used ASSIGNMENT RESOURCES ACC-240 TOPIC 06 ASSIGNMENT Problem 13-2 (Part Level Submission Problem 13-3 (Part Level Submission) Problem 13-4 (Part Level Submission) Problem 14-3A (Part Level Submission) (b) Prepare the production budget for the year. BLUE INC. Production Budget JB 50 B 60 Review Score Review Results by Study Objective LINK TO TEXT LINK TO TEXT Attempts: 0 of 10 used