Problem 9-2A Deleon Inc. is preparing its annual budgets for the year ending December 31, 2014. Accounting assistants furnish the data shown below LI LI JB 50 JB 60 Sales budget: Anticipated volume in units Unit selling price 402,600 203,600 $27 $22 Production budget: Desired ending finished goods units Beginning finished goods units 27,100 31,300 19,000 12,900 Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound 31,200 41,300 $3 17,100 12,500 $3 Direct labor budget: Direct labor time per unit Direct labor rate per hour 0.3 $12 0.5 $12 Budgeted income statement: Total unit cost $12 $21 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $664,100 for product JB 50 and $361,000 for product JB 60, and administrative expenses of $541,800 for product JB 50 and $342,200 for product JB 60, Income taxes are expected to be 30%. Prepare the sales budgets for the year DELEON INC Sales Budget For the Year Ending December 31, 2014 JB 50 JB 60 Total Expected unit sales Unit selling price Total sales