Problem 9-2A Deleon Ine. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below. Product B 50 Product B 60 Sales budget: Anticipated volume in units Unit selling price 404,400 202,600 S28 $23 Production budget: Desired ending finished goods units Beginning finished goods units 27,300 34,700 19,000 13,000 Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound 2 34,200 44,400 $3 2 19,400 12,000 $3 Direct labor budget Direct labor time per unit Direct labor rate per hour 0.4 $10 0.6 S10 Budgeted income statement: Total unit cost $14 S22 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 $361,000 for product JB 60, and administrative expenses of $544,000 for product JB 50 and $343,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30% Prepare the sales budget for the year DELEON INC. Sales Budget JB 60 Total Expected unit sales Unit selling price Total sales LINK TO TEXT LINK TO TEXT Prepare the production budget for the year. DELEON INC. Production Budget