Deleon Inc. is preparing its annual budgets for the year ending December 31, 2014. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 Sales budget: Anticipated volume in units 402,500 203,300 Unit selling price $23 $28 Production budget: Desired ending finished goods units 29,400 17,500 Beginning finished goods units 32,100 12,200 Direct materials budget: Direct materials per unit (pounds) 2 2 Desired ending direct materials pounds 34,100 18,400 Beginning direct materials pounds 41,800 13,100 Cost per pound $2 $3 Direct labor budget: Direct labor time per unit 0.3 0.5 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 $663,500 for product JB 50 and $364,600 for product JB 60, and administrative expenses of $543,400 for product JB 50 and $344,400 for product JB 60. Income taxes are expected to be 30%. Prepare the direct materials budgets for the year. DELEON INC. Direct Materials Budget For the Year Ending December 31, 2014 JB 50 JB 60 Total : : $ $ $ $ $