Current Attempt in Progress Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 Sales budget: Anticipated volume in units 404,400 204,600 Unit selling price $21 $27 Production budget: Desired ending finished goods units 27,900 16,900 Beginning finished goods units 34,100 13,400 Direct materials budget: Direct materials per unit (pounds) 1 2 Desired ending direct materials pounds 32.900 18.100 Beginning direct materials pounds 43.900 11,100 Cost per pound 52 $2 $4 Direct labor budget: Direct labor time per unit 0.3 0.6 Direct labor rate per hour $11 $11 Budgeted income statement: Total unit cost $13 $21 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $664,000 for product JB 50 and $364,000 for product JB 60, and administrative expenses of $542,000 for product JB 50 and $344,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%.