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I will give a thumbs up for the correct answer. Sunland Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting

I will give a thumbs up for the correct answer.
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Sunland Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 Sales budget: 376,000 188,000 $25 $30 28,200 14,100 23,500 9.400 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: 2 3 28,200 9,400 37,600 14,100 $3 $4 0.4 0.6 Direct labor time per unit $12 $12 Direct labor rate per hour Budgeted income statement: $13 $20 Total unit cost An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $526,400 for product B 50 and $338.400 for product JB 60, and administrative expenses of $507.600 for product JB 50 and $319,600 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20% Prepare the sales budget for the year, SUNLAND INC. Sales Budget JB 50 JB 60 Total $ $ $ SUNLAND INC. Production Budget JB 50 JB 60 Prepare the direct materials budget for the year. SUNLAND INC. Direct Materials Budget JB 50 JB 60 $ $ $ $ I Prepare the direct materials budget for the year, SUNLAND INC. Direct Materials Budget JB 50 JB 60 Total 5 5 $ Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, eg. 52.5.) SUNLAND INC. Direct Labor Budget JB 50 JB 60 Tota $ $ $ $ $ SUNLAND INC. Budgeted Income Statement JB 50 JB 60 Total $ $ $

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