Cullumber Inc. is preparing its annual budgets for the year ending December $31,2022.$ Accounting assistants furnish the following.An accounting assistant has prepared the detailed manufaciuring overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $ $470,400$ for product JB $50$ and $ $302,400$ for product JB $60,$ and administrative expenses of $ $453,600$ for product JB $50$ and $ $285,600$ for product J B $60.$ Interest expense is $ $150,000($not allocated to products$).$ Income taxes are expected to be $20\%.$CULLUMBER INC. Direct Materials BudgetJB $50$ JB $60$ Total $*$ :