Lily Industries had sales in $2024$ of $$7,868,000$ and gross profit of $$1,276,000.$ Management is consider ing two alternative budget plans to inurease its gross profit in $2025.$

$$1\mathrm{.}20$ in variable overhead. The foxed overhead for $2025$ should be $$2,171,520.$

$($a$)$

Your answer is correct.

Prepare a sales budget for $2025$ under each plan. $($Round Unit selling price answers to $2$ decimal places, es$,52\mathrm{.}70.)$

Prepare a production budget for $2025$ under each plan.