Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 404.400 $23 202,600 $28 27.300 34.700 19,000 13.000 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 Cost per pound Direct labor budget: Direct labor time per unit 2 34,200 44.400 $3 2 19,400 12.000 $3 0.4 0.6 27.300 34,700 19.000 13,000 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 Cost per pound Direct labor budget: Direct labor time per unit Direct labor rate per hour Budgeted income statement: Total unit cost 2 34,200 44,400 $3 2 19.400 12.000 $3 0.6 0.4 $10 $10 $14 $22 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $663.000 for product B 50 and $361.000 for product UB 60. and administrative expenses of $544,000 for product JB 50 and $343,000 for product JB 60. Interest expense is $150.000 (not allocated to products). Income taxes are expected to be 30% Your answer is partially correct. Prepare the sales budget for the year. DELEON INC. Sales Budget For the Year Ending December 31, 2020 JB 50 JB 60 Total Expected Unit Sales 404400 202600 Unit Selling Price 23 $ 28 $ $ Total Sales e Textbook and Media