Business, 06.08.2021 19:50, andybiersack154

Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below Product B 50 Product JB 60 Sales budget 402,800 203,900 $28 Anticipated volume in units Unit selling price $23 Production budget Desired ending finished goods units Beginning finished goods units 27,800 34,900 19,000 13,600 Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound 2 32,100 43,000 $3 18,500 14,600 $3 Direct labor budget: Direct labor time per unit Direct labor rate per hour Budgeted income statement 0.6 $12 $12 Total unit cost $14 $21 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $661,000 for product JB 50 and $365,000 for product JB 60, and administrative expenses of $543,000 for product JB 50 and $342,000 for product JB 60 Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%

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Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assist...