Bonita Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 Sales budget: Anticipated volume in units 464,000 232,000 Unit selling price $35 $40 Production budget: Desired ending finished goods units 34,800 17.400 Beginning finished goods units 29,000 11,600 Direct materials budget: Direct materials per unit (pounds) 2 3 Desired ending direct materials pounds 34,800 11,600 Beginning direct materials pounds 46,400 17,400 Cost per pound $3 $4 Direct labor budget: Direct labor time per unit 0.4 0.6 Direct labor rate per hour $12 $12 Budgeted income statement: Total unit cost $13 $20 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $649,600 for product JB 50 and $417,600 for product JB 60, and administrative expenses of $626,400 for product JB 50 and $394,400 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20%. Prepare the sales budget for the year. DELEON INC. Sales Budget JB 50 JB 60 Total $ $ $ $ $ Prepare the production budget for the year. DELEON INC. Production Budget JB 50 JB 60 1 : Prepare the direct materials budget for the year. DELEON INC. Direct Materials Budget JB 50 JB 60 Total : $ $ $ $ $ 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 JB 50 JB 60 Total $ $ $ $ $ DELEON INC. Budgeted Income Statement JB 50 JB 60 Total $ $ $ $ $ $