Deleon Inc. is preparing it but for the year anding December 31, 2017 Accounting assistant f ish the data shown below Product 30 50 Product 400,000 200,000 30.000 25,000 15.000 10.000 Sales budget Antipated volume in units Unit sling price Production budget Desired ending finished goods units Beginning finished goods units Direct materials budget Direct materials per un pounds) Desired ending direct materiais pounds Begiving direct materiais pounds Cost per pod Direct laber budget Director time per un Direct laborate per hour Baged income statement Total 10,000 30,000 40.000 e An accounting assistant has per the d and $360,000 for product 1860, and a are expected to be 34 manding overhead budget and the sing and administrative expense budget. The latter what $540,000 for product 18 50 and $340,000 for product 1860. Interest expenses 10,000 h 60,000 for produto d to products) Income taxes r e a Your answer is partially correct. Try again. Prepare the production budget for the year. DELEON INC. Production Budget For the Year Ending December 31, 2017 - JB 50 JB 60 Desired Ending Finished Goods Units 30,000 15,000 Add 1. || Expected Unit Sales 400,000 200,000 Required Production Units 430,000 215,000 Add T Beginning Finished Goods Units 25,000 10,000 Total Pounds Needed for Production 405,000 205,000 DELEON INC. Direct Materials Budget December 31, 2017 JB 50 JB 60 Total 405,000 205,000 Direct Materials per Unit Direct Materials per Unit 810,000 615,000 Desired Ending Direct Material 30,000 10,000 Beginning Direct Materials 840,000 625,000 Direct Materials Purchases 40,000 15,000 800,000 610,000 2,400,000 J 2,440,000 Your answer is partially correct. Try again. Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, e.g. 52.7 DELEON INC. Direct Labor Budget For the Year Ending December 31, 2017 JB 50 JB 60 Total Required Production Units 405,000 T 205,000 0.4 0.6 Total Required Direct Labor Hours 162,000 123,000 Direct Labor Cost per Hour Total Direct Labor Cost 1944000 T 1,476,000 Prepare the budgeted multiple-step income statement for the year. (Note: income taxes are not allocated to the products). DELEON INC. Budgeted Income Statement For the Year Ending December 31, 2017 JB 50 JB 60 Total XXXPP