Problem 21-2A (Part Level Submlssion) Deleon Inc. is preparing ts annual budgots for the year ending December 31, 2017. Accounting assistants furnish the data shown below Product JB 50 Product JB 60 Sales budget 402,300 201,603 Anticipated volume in units Unitl selling price Production budget 27,300 19,500 Desired onding finished goods units Beginning finished goods units 31,300 11,800 Direct materials budget Direct materials per unit (pounds) Desired ending direct materisis pounds Beginning direct materials pounds Cost per pound 32,700 19,500 41,50012,400 Direct labor budget Direct labor time per unit Direct labor rate per hour 04 $11 Budgeted income statement Total unit cost $14 An accounting assistant has prepared the detaliled manufacturing overhead budget and the seling and administrative expense budget. The lather shows seling expenses of $862,000 for product JB 50 and $364,000 for product JB 60, and administrative expenses of $544,000 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%