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I know it seems like a lot, blame my professor Coronado Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting

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Coronado Inc. is preparing its annual budgets for the year ending December 31, 2022. 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 $660,800 for product JB50 and $424,800 for product JB 60 , and administrative expenses of $637,200 for product JB50 and $401,200 for product JB60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20%. CORONADO INC. Sales Budget JB 50 JB 60 Total $ CORONADO INC. Production Budget JB50JB60 Direct Materials Budget JB50JB60 Direct Labor Budget eTextbook and Media budgeneurincomestetemem 5 JB 50 JB 60 Total

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