Problem 21-2A (Part Level Submission) Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below. Product Product JB 50JB 60 201,000 401,000 $21 $27 26,000 31,000 16,000 11,000 Sales budget: 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: Direct labor time per unit Direct labor rate per hour Budgeted income statement: Total unit cost 31,000 41,000 16,000 11,000 $2 0.6 0.3 $10 $10 512 $21 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of 5661,000 for product JB 50 and 5361.000 for product JB 60, and administrative expenses of $541,000 for product JB 50 and 5341,000 for product JB 60. Interest expense is s150.000 (not allocated to products). Income taxes are expected to be 30 DELEON INC. Sales Budget JB 50 JB 60 T otal Expected unit sales Unit selling price Total sales Click if you would like to Show Work for this question: Open Show Work