Carla Vista Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product Product JB 50 -3esuJB 60 Sales budget: Anticipated volume in units Unit selling price 402,500 202,500 $28 $23 Production budget Desired ending finished goods units Beginning finished goods units 16,000 13,800 30,000 33,500 Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound 32,700 43,300 $3 18,900 14,200 $4 Direct labor budget Direct labor time per unit Direct labor rate per hour Budgeted income statement 0.3 0.6 $12 $12 Total unit cost $12 $21 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $661,000 for product JB 50 and $363,000 for product JB 60, and administrative expenses of $545,000 for product JB 50 and $343,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30% Prepare the sales budget for the year. CARLA VISTA INC. Sales Budget For the Year Ending December 31, 2020 JB 50 JB 60 Total Expected Unit Sales 402500 202500 Unit Selling Price 23 28 9257500567000014927500 Total Sales Prepare the production budget for the year CARLA VISTA INC. Production Budget JB 50 JB 60