WILDHORSE INC. Sales Budget JB 50 JB 60 Total e Textbook and Media Save for Later Attempts: 0 of 5 used Sutit. At View Policies Current Attempt in Progress Wildhorse Inc. is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the following Product JB 50 Product JB.60 488,000 244,000 $20 $25 36,600 18,300 30,500 12.200 3 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 endine 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 N 36,600 12.200 48,800 18.300 $3 $4 0.40 0.60 $12 $12 $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 5683,200 for product JB 50 and $439.200 for product JB 60, and administrative expenses of $658,800 for product 18 50 and $414,800 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20%