ieleon Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown elow. Vesired ending finished goods units 28,10019,900 Beginning finished goods units 34,80014,100 Direct materials budget: Direct materials per unit (pounds) 2 3 Desired ending direct materials pounds 34,80019,900 Beginningdirectmaterialspounds43,30012,700 Cost per pound 83 53 Direct labor budget: Direct labor time per unit Direct labor rate per hour 0.4$120.6$12 Budgeted income statement: are expected to be 30% Prepare the sales budget for the year. Prepare the production budget for the year. DELEON IHC. Production Budget Expected Urit Sales It 5 bin Detired Ending Finh hed Coveds Units Total Required Units Ditited L retirit I irished Conds Units Prepare the direct materials budget for the yeat Prepare the direct labor budget for the year, (Round Direct labor time per unit anwwers to 1 declmal place 45.52.73. Prepare the budgeted multiple-step income statement for the year. (Note income taker afe wot afiocated to then pros a th] 5 50 JB 60 5 5 (c)