Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 Sales budget: Anticipated volume in units 403,700 203,300 Unit selling price $23 $28 Production budget: Desired ending finished goods units 27,900 19,300 Beginning finished goods units 31,600 12,600 Direct materials budget: Direct materials per unit (pounds) 2 3 Desired ending direct materials pounds 33,600 16,700 Beginning direct materials pounds 43,200 14,800 Cost per pound $3 $4 Direct labor budget: Direct labor time per unit 0.3 0.6 Direct labor rate per hour $12 $12 Budgeted income statement: Total unit cost $14 $22 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $662,000 for product JB 50 and $365,000 for product JB 60, and administrative expenses of $543,000 for product JB 50 and $342,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%. Collapse question part (a) Correct answer. Your answer is correct. Prepare the sales budget for the year. DELEON INC. Sales Budget Entry field with correct answer For the Year Ending December 31, 2017 JB 50 JB 60 Total Expected unit sales Entry field with correct answer 403700 Entry field with correct answer 203300 Unit selling price $Entry field with correct answer 23 $Entry field with correct answer 28 Total sales $Entry field with correct answer 9285100 $Entry field with correct answer 5692400 $Entry field with correct answer 14,977,500 Click if you would like to Show Work for this question: Open blank Show Work Copy Show Work from Previous attempt LINK TO TEXT LINK TO TEXT Attempts: 5 of 5 used Collapse question part (b) Correct answer. Your answer is correct. Prepare the production budget for the year. DELEON INC. Production Budget Entry field with correct answer For the Year Ending December 31, 2017 JB 50 JB 60 Entry field with correct answer Expected Unit Sales Entry field with correct answer 403700 Entry field with correct answer 203300 Entry field with correct answer Add : Entry field with correct answer Desired Ending Finished Goods Units Entry field with correct answer 27900 Entry field with correct answer 19300 Entry field with correct answer Total Required Units Entry field with correct answer 431600 Entry field with correct answer 222600 Entry field with correct answer Less : Entry field with correct answer Beginning Finished Goods Units Entry field with correct answer -31600 Entry field with correct answer -12600 Entry field with correct answer Required Production Units Entry field with correct answer 400,000 Entry field with correct answer 210,000 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT Attempts: 2 of 5 used Collapse question part (c) Prepare the direct materials budget for the year. DELEON INC. Direct Materials Budget JB 50 JB 60 Total : : $ $ $ $ $