Problem 9-2A (Video) Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product Product 3859 1860 494,200 201.400 528 29.100 Sales budget Anticipated volume in units Production budget Desired ending finished goods units Beginning Fished goods units Direct material budget Direct materials per units) Desired ending direct materiais pounds Beginning direct materiais pounds Costerd Direct labor budget Direct labor time per unit Direct laborate per hour Budgeted income statement: Total unit cost 32,000 19.500 41,700 14.00 $12 $12 $12 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 B 50 and $364,000 for product B 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%. Prepare the sales budget for the year. DELEON INC. Sales Budget 28 50 Prepare the production budget for the year. DELEON INC. Production Budget 8 50 Prepare the direct materials budget for the year. DELEON INC. Direct Materials Budget JOS 360 Total Prepare the direct materials budget for the year. DELEON INC. Direct Materials Budget 3 SP Tua Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, e.g. 52.5.) DELEON INC. Direct Labor Budget 3850 Prepare the budegeted multiple-step income statement for the year. (Note: income taxes are not allocated to the products). DELEON INC. Budgeted Income Statement Click If you would like to Show Work for this question: On Show Work