I need the drop down selection also and the whole answer.

$28 Problem 13-2 Culver Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below. Product Product JB 50 JB 60 Sales budget: Anticipated volume in units 404,400 202,600 Unit selling price $23 Production budget: Desired ending finished goods units 27,300 19,000 Beginning finished goods units 34,700 13,000 Direct materials budget: Direct materials per unit (pounds) 2 2 Desired ending direct materials pounds 34,200 19,400 Beginning direct materials pounds 44,400 12,000 Cost per pound $3 $3 Direct labor budget: Direct labor time per unit 0.4 0.6 Direct labor rate per hour $10 $10 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 $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% Your answer is partially correct. Try again. Prepare the sales budget for the year. CULVER INC. Sales Budget December 31, 2017 JB 50 JB 60 Total Expected unit sales 404,400 202,600 Unit selling price 23.00 28.00 $1 Total sales 9,301,200.00 5,672,000.00 24,974,000. Your answer is partially correct. Try again. Prepare the production budget for the year. CULVER INC. Production Budget x December 31, 2017 JB 50 JB 60 Beginning Direct Materials 404,400 202,600 Add Desired Ending Finished Goods Units 27,300 19,000 Total Required Units 431,700 221,600 Less Beginning Finished Goods Units -34,700 -13,000 Total Materials Required Your answer is partially correct. Try again. Prepare the direct materials budget for the year. CULVER INC. Direct Materials Budget December 31, 2017 JB 50 x JB 60 Total Beginning Finished Goods Units 397,000 208,600 Total Pounds Needed for Production X2 X2 Total Materials Required 794,000 417,2001 Add Desired Ending Direct Materials 34,200 19,400 x Total Pounds Needed for Production 828,200 436,600 Less Beginning Direct Materials -44,400 -12,000 Total Pounds Needed for Production 783,800 424,600 Cost per Pound 3.00 3.00 $ $U Total Cost of Direct Materials Purchases 12,351,400.00 1,273,800.00 13,625,200.00 Prepare the budgeted multiple-step income statement for the year. (Note: income taxes are not allocated to the products). CULVER INC. Budgeted Income Statement December 31, 2017 JB 50 JB 60 Total Sales 9,301,200.00 5,672,800.00 14,974,000.C Cost of Goods Sold -5,661,600.0 -4,457,200.0 -10,118,800. Gross Profit 3,639,600.00 1,215,600 4,855,200.00 Administrative Expenses Selling Expenses -544,000.00 DDDDNION Prepare the budgeted multiple-step income statement for the year. (Note: income taxes are not allocated to the products). CULVER INC. Budgeted Income Statement JB 50 JB 60 Total $ $ $