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%. Kimmel, Survey of Accounting, le Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT (a) x Your answer is incorrect. Try again. Prepare the sales budget for the year. BLUE INC. Sales Budget JB 50 JB 60 Total Expected unit sales Unit selling price Total sales LINK TO TEXT LINK TO TEXT