Sunland 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 376,000 188,000 Unit selling price $25 $30 Production budget: Desired ending finished goods units 28,200 14,100 Beginning finished goods units 23,500 9,400 Direct materials budget: Direct materials per unit (pounds) 2 3 Desired ending direct materials pounds 28,200 9,400 Beginning direct materials pounds 37,600 14,100 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 $526,400 for product JB 50 and $338,400 for product JB 60, and administrative expenses of $507,600 for product JB 50 and $319,600 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20%.