Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below.

An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $663,000 for product JB 50 and $361,000 for product JB 60, and administrative expenses of $544,000 for product JB 50 and $343,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%.

Product JB 50 Product JB 60 404,400 $23 202,600 $28 27,300 34,700 19,000 13,000 Sales budget: Anticipated volume in units Unit selling price Production budget: Desired ending finished goods units Beginning finished goods units Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound Direct labor budget: Direct labor time per unit Direct labor rate per hour Budgeted income statement: Total unit cost 2 34,200 44,400 $3 2 19,400 12,000 $3 0.4 0.6 $10 $10 $14 $22 Prepare the sales budget for the year. DELEON INC. Sales Budget For the Year Ending December 31, 2020 JB 50 JB 60 > Total Expected Unit Sales Unit Selling Price 00 Total Sales Prepare the production budget for the year. DELEON INC Production Budget For the Year Ending December 31, 2020 JB 50 JB 60 X Expected Unit Sales Add Desired Ending Finished Goods Units Total Required Units lilll Less Beginning Finished Goods Units Required Production Units Prepare the direct materials budget for the year. DELEON INC. Direct Materials Budget For the Year Ending December 31, 2020 JB 50 JB 60 Total Units to be produced | Direct Materials per Unit Total Pounds Needed for Production Add Desired Ending Direct Materials (Pounds) Total Materials Required illllllll bullitt. Less Beginning Direct Materials (Pounds) Direct Materials Purchases Cost per Pound Total Cost of Direct Materials Purchases Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, e.g. 52.5.) DELEON INC. Direct Labor Budget JB 50 JB 60 Total Od X Prepare the budegeted multiple-step income statement for the year. (Note: income taxes are not allocated to the products). DELEON INC. Budgeted Income Statement JB 50 JB 60 Total X E indo II bilo 11 LUDDILDLI x=