Greish Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants have provided the following data:

Greish Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants have provided the following data: Product LN 3S Product LN 40 39.000 22.000 18.000 16,000 2 Sales budget Expected volume in units Uniting price Production budget Desired ending finished good units Beginning finished goods units Direct materials but Direct materials per unt (lograms) Desired Kilograms of ending direct materials Beginning kilograms of direct materials Cost per gram Direct labour budget Direct labour time per unit hours) Direct labourate per hour Budgeted income statement Totalnost 43,000 40,000 52 11,000 $12 21 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expenses budget. The latter shows selling expenses of $852,000 for product LN 35 and $393,000 for product LN 40, and administrative expenses of $519,000 for product LN 35 and $180,000 for product LN 40. Income taxes are expected to be 30%. Prepare the sales budget for the year. GREISH INC. Sales Budget For the Year Ending December 31, 2020 LNS Total Expected as in units Unt se price Prepare the production budget for the year. GREISH INC. Production Budget For the Year Ending December 31, 2020 Tot Prepare the direct materials budget for the year. GREISH INC. Direct Materials Budget OURCES Prepare the direct materials budget for the year. GREISH INC. Direct Materials Budget For the Year Ending December 31, 2020 LN 35 LN 40 Total Prepare the direct labour budget for the year. GREISH INC. Direct Labour Budget For the Year Ending December 31, 2020 LN 35 LN 40 Total Prepare the budgeted income statement for the year. (Note: Income taxes are not allocated to the products.) GREISH INC. Budgeted Income Statement For the Year Ending December 31, 2020 LN 35 LN 40 Total