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		400,000		200,000
Unit selling price		$20		$25
Production budget:
Desired ending finished goods units		30,000		15,000
Beginning finished goods units		25,000		10,000
Direct materials budget:
Direct materials per unit (pounds)		2		3
Desired ending direct materials pounds		30,000		10,000
Beginning direct materials pounds		40,000		15,000
Cost per pound		$3		$4
Direct labor budget:
Direct labor time per unit		0.4		0.6
Direct labor rate per hour		$12		$12
Budgeted income statement:
Total unit cost		$13		$20

An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $560,000 for product JB 50 and $360,000 for product JB 60, and administrative expenses of $540,000 for product JB 50 and $340,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%.

Prepare the production budget for the year.

DELEON INC. Production Budget choose the accounting period For the Quarter Ending December 31, 2020For the Year Ending December 31, 2020December 31, 2020
		JB 50		JB 60
select an opening production budget item Desired Ending Finished Goods UnitsTotal Cost of Direct Materials PurchasesBeginning Direct MaterialsTotal Pounds Needed for ProductionRequired Production UnitsTotal Direct Labor CostBeginning Finished Goods UnitsTotal Required Direct Labor HoursTotal Required UnitsDirect Labor Cost per HourDirect Materials PurchasesTotal Materials RequiredCost per PoundDirect Labor Time per UnitDesired Ending Direct MaterialsDirect Materials per UnitExpected Unit Sales		enter a number of units		enter a number of units
select between addition and deduction AddLess : select a production budget item Total Direct Labor CostTotal Pounds Needed for ProductionBeginning Direct MaterialsTotal Required Direct Labor HoursDesired Ending Finished Goods UnitsTotal Materials RequiredTotal Required UnitsBeginning Finished Goods UnitsCost per PoundDesired Ending Direct MaterialsTotal Cost of Direct Materials PurchasesDirect Labor Cost per HourDirect Materials PurchasesDirect Labor Time per UnitDirect Materials per UnitExpected Unit SalesRequired Production Units		enter a number of units		enter a number of units
select a summarizing line for the first part Required Production UnitsDesired Ending Finished Goods UnitsTotal Materials RequiredDesired Ending Direct MaterialsDirect Labor Cost per HourDirect Labor Time per UnitExpected Unit SalesTotal Cost of Direct Materials PurchasesDirect Materials PurchasesDirect Materials per UnitBeginning Direct MaterialsTotal Direct Labor CostTotal Pounds Needed for ProductionTotal Required Direct Labor HoursTotal Required UnitsBeginning Finished Goods UnitsCost per Pound		enter a total number of units for the first part		enter a total number of units for the first part
select between addition and deduction AddLess : select a production budget item Required Production UnitsDirect Materials PurchasesTotal Pounds Needed for ProductionCost per PoundDesired Ending Direct MaterialsTotal Materials RequiredDirect Materials per UnitTotal Cost of Direct Materials PurchasesDirect Labor Time per UnitBeginning Direct MaterialsDesired Ending Finished Goods UnitsExpected Unit SalesTotal Direct Labor CostTotal Required Direct Labor HoursDirect Labor Cost per HourTotal Required UnitsBeginning Finished Goods Units		enter a number of units		enter a number of units
select a closing production budget item Desired Ending Direct MaterialsTotal Direct Labor CostDirect Labor Cost per HourTotal Required UnitsExpected Unit SalesBeginning Finished Goods UnitsRequired Production UnitsCost per PoundTotal Required Direct Labor HoursBeginning Direct MaterialsDesired Ending Finished Goods UnitsDirect Labor Time per UnitDirect Materials per UnitTotal Cost of Direct Materials PurchasesDirect Materials PurchasesTotal Materials RequiredTotal Pounds Needed for Production		enter a total number of units		enter a total number of units

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