Deleon Inc. is preparing its annual budgets for the year ending December 31, 2014. Accounting assistants furnish the data shown below. Product Product JB 50 JB 60 Sales budget Anticipated volume in units Unit selling price 403,700 203,500 $27 $22 Production budget: Desired ending finished goods units Beginning finished goods units 30,000 33,500 19,900 14,900 Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound 32,500 43,000 18,500 12,500 Direct labor budget Direct labor time per unit Direct labor rate per hour 0.5 $10 $10 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 $663,700 for product JB 50 and $363,600 for product JB 60, and administrative expenses of $542,600 for product JB 50 and $343,500 for product JB 60, Income taxes are expected to be 30%