Swifty 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 328,000 164,000 Unit selling price $20 $25 Production budget: Desired ending finished goods units 24,600 12,300 Beginning finished goods units 20,500 8,200 Direct materials budget: Direct materials per unit (pounds) 2 3 Desired ending direct materials pounds 24,600 8.200 Beginning direct materials pounds 32,800 12,300 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: