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CALCULATOR PRINTER VERSION Problem 9-2A (Part Level Submission) (Video) Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants

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CALCULATOR PRINTER VERSION Problem 9-2A (Part Level Submission) (Video) Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product Product JB 50 JB 60 Sales budget: Anticipated volume in units 401,100 202,100 Unit selling price $23 $27 Production budget: Desired ending finished goods units 26,100 19,800 Beginning finished goods units 31,800 14,200 Direct materials budget: tudy Direct materials per unit (pounds) 2 Desired ending direct materials pounds 33,800 18,000 Beginning direct materials pounds 41,000 14,400 Cost per pound $3 $3 Direct labor budget: Direct labor time per unit 0.4 0.6 $12 $12 Direct labor rate per hour Budgeted income statement: $22 $12 Total unit cost An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expe $662,000 for product JB 50 and $363,000 for product JB 60, and administrative expenses of $544,000 for product 3B 50 and $343,000 for product is $150,000 (not allocated to products). Income taxes are expected to be 30% 60. Interest e (a) Your answer is correct. Prepare the sales budget for the year CALCULATOR PRINTER VERSION Prepare the budegeted multiple-step income statement for the year. (Note: income taxes are not allocated to the products). DELEON INC. Budgeted Income Statement JB 50 JB 60 Total Apr Click if you would like to Show Work for this question: Open Show Work

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