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Oriole Inc, is preparing its annual budgets for the year ending December 31,2022 . Accounting assistants furnish the data shown below An accounting assistant has

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Oriole 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 $582,400 for product JB 50 and $374,400 for product J860, and administrative expenses of $561,600 for product JB 50 and $353,600 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: Prepare the production budget for the year: Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, eg. 52.5.) Prepare the budegeted multiple-step income statement for the year. (Noter income taxes are not allocated to the products)

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