Solve for part B

RINTER PERIGH 4BACK Problem 13-2 (Part Level Submission) Bue Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the deta shown below Product J s0 Product JB 60 Seles budget Anticipaned volume in units Unit selling price Production budget 404,200 201,400 $21 $28 Desired ending tinished goods units 29,100 16,800 Beginning finished goods units 31,200 14,600 Direct materials budget Direct materials per unit (pounds) Desired ending direct materials pounds 32,000 19,500 Beginning direct materials pounds 41,700 14,100 Cost per pound Drect laber budget $3 $3 Direct labor time per unit 04 0.6 Direct lsbor rate per hour $12 $12 Budpeted income statement Total unit cost $12 $22 An accounting assistant has prepered the detailed manufacturing overhead budget and the seling and administrative expense budget. The latter shows selling expenses of s063,000 for product 30 50 and $364,000 for product J0 60, and administrative expenses of $541,000 for product 3B 50 and $342,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30% (a) Fur answer is corect Prepare the saies budget for the year BLUE INC Sales Budget For the Year Ending December 31, 201 J 50 28 60 Total Expected unt saes 404,200 201,400 Unit seling price 21 28 8,408,200 Total saes 5639,200 14,127,400 (a) Your answer is correct. Prepare the sales budget for the year. BLUE INC. Sales Budget For the Year Ending December 31, 2017 JB 50 JB 60 Total Expected unit sales 404,200 201,400 Unit selling price 21 28 5,639,200 14,127,400 Total sales 8,488,200 SHOW ANSWER UNK O XT LINK TO TEXT (b) Prepare the production budget for the year. BLUE INC Production Budget J 60 JB 50