Bonita Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants have provided the following data: Product LN 35 Product LN 40 Sales budget Expected volume in units 399,000 239,000 Unit selling price $30 $34 Production budget Desired ending finished good units 27,000 21,000 Beginning finished goods units 21,000 14,000 Direct materials budget: Direct materials per unit (kilograms) 2 3 52,000 17,000 Desired kilograms of ending direct materials Beginning kilograms of direct materials 38,000 11,000 Cost per kilogram $2 $3 Direct labour budget Direct labour time per unit (hours) 0.50 0.70 Direct labour rate per hour $12 $12 Budgeted income statement $11 $20 Total unit cost An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expenses budget. The latter shows selling expenses of $852,000 for product LN 35 and $392,000 for product LN 40, and administrative expenses of $520,000 for product LN 35 and $181,000 for product LN 40. Income taxes are expected to be 30%. BONITA INC. Sales Budget For the Year Ending December 31, 2022 LN 35 LN 40 Total Expected sales in units $ $ Unit selling price $ $ $ Total sales BONITA INC. Production Budget For the Year Ending December 31, 2022 LN 35 LN 40 TA INC. Direct Labour Budget For the Year Ending December 31, 2022 LN 35 LN 40 Total $ $ $ $ $ Budgeted Income Statement For the Year Ending December 31, 2022 LN 35 LN 40 v $ $ $ $