Swifty Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the data shown below. Product Product JB 50 JB 60 Sales budget: Anticipated volume in units 432,000 216,000 Unit selling price $30 $35 Production budget: Desired ending finished goods units 32,400 16,200 Beginning finished goods units 27,000 10,800 Direct materials budget: Direct materials per unit (pounds) 2 Desired ending direct materials pounds 32,400 10,800 Beginning direct materials pounds 43,200 16,200 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 $604,800 for product JB 50 and $388,800 for product JB 60, and administrative expenses of $583,200 for product JB 50 and $367,200 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20%. Prepare the sales budget for the year. SWIFTY INC. Sales Budget V JB 50 JB 60 Total eTextbook and MediaSWIFTY INC. Production Budget V JB 50 JB 60 V V V V V V V eTextbook and Media Prepare the direct materials budget for the year. SWIFTY INC. Direct Materials Budget V JB 50 JB 60