Sheridan Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the data shown below.

		Product JB 50		Product JB 60
Sales budget:
Anticipated volume in units		456,000		228,000
Unit selling price		$25		$30
Production budget:
Desired ending finished goods units		34,200		17,100
Beginning finished goods units		28,500		11,400
Direct materials budget:
Direct materials per unit (pounds)		2		3
Desired ending direct materials pounds		34,200		11,400
Beginning direct materials pounds		45,600		17,100
Cost per pound		$3		$4
Direct labor budget:
Direct labor time per unit		0.4		0.6
Direct labor rate per hour		$12		$12
Budgeted income statement:
Total unit cost		$13		$20

An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $638,400 for product JB 50 and $410,400 for product JB 60, and administrative expenses of $615,600 for product JB 50 and $387,600 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20%.

Prepare the production budget for the year. SHERIDAN INC. Production Budget JB 50 JB 60 4 NC. Direct Materials Budget JB 50 JB 60 : A: $ $ $ $ $ SHERIDAN INC. Direct Labor Budget JB 50 JB 60 Total ta $ ta $ $ $ $ to SHERIDAN INC. Budgeted Income Statement JB 50 JB 60 Total $ $ $ 4 $ $