Pronghorn Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 403,300 $21 202,500 $28 25,800 33,800 16,700 12,900 1 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 Beginning direct Cost per pound Direct labor budget: Direct labor time per unit Direct labor rate per hour Budgeted income statement: Total unit cost 33,300 44,800 $3 2 18,800 13,300 $3 0.4 0.6 $12 $12 $14 S21 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses or $661,000 for product B 50 and $364,000 for product JB 50, and administrative expenses of $541,000 for product JB 50 and $341,000 for product 1B 50. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%. *(a) Prepare the sales budget for the year PRONGHORN INC. Sales Budget JB 50 JB 60 Total Expected unit sales Unit selling price S S Total sales S 5