Question 1 of 2 > - / 1 III Current Attempt in Progress Oriole Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 Sales budget: Anticipated volume in units 403,400 201.800 $22 $27 27.500 17,200 32.800 13,800 2 3 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 laborate per hour Budgeted income statement: Total unit cost 31.100 17,800 42.600 12.000 $2 $3 0.3 0.6 $10 $10 $13 $22 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $662,000 for product JB 50 and $361,000 for product JB 60 and administrative expenses of $541.000 for product B 50 and $345.000 for product JB 60. Interest expenses 5150,000 not allocated to products, income taxes are expected to be 30%. Prepare the sales budget for the year ORIOLE INC Sales Budget JB 50 JB 60 Question 1 of 2 - / 1 Prepare the sales budget for the year. ORIOLE INC. Sales Budget V JB 50 JB 60 $ $ $ e Textbook and Media Prepare the production budget for the year. ORIOLE INC. Production Budget JB 50 > ORIOLE INC Direct Materials Budget Question 1 of 2 -/1 Prepare the direct materials budget for the year. ORIOLE INC. Direct Materials Budget JB 50 JB 60 I > $ C $ $ e Textbook and Media Question 1 of 2 -/1 Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, eg. 52.5.) ORIOLE INC. Direct Labor Budget JB 50 JB 60 Total > > > $ $ $ $ > $