Problem 9-2A Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below Product Product JB 50 JB 60 Sales budget: Anticipated volume in units Unit selling price 404,200 201,400 $28 $21 Production budget: Desired ending finished goods units Beginning finished goods units 29,100 31,200 16,800 14,600 Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound 1 32,000 41,700 2 19,500 14,100 $3 Direct labor budget: 0.6 $12 0.4 Direct labor time per unit Direct labor rate per hour $12 Budgeted income statement: Total unit cost $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%