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Lily Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for $2025.$

$\backslash$table$[[,$January,February,March,April,May$],[$Estimated unit sales,$10,080,11,760,10,920,9,240,9,240],[$Unit selling price,$$40,$$$37\mathrm{.}50,$$$37\mathrm{.}50,$$$37\mathrm{.}50,$$$37\mathrm{.}50$

Prepare a production budget for Lily Company by month and for the first quarter of the year.

LILY COMPANY

Production Budget

For the Quarter Ending March $31,2025$

eTextbook and Media

Assistance Used

Attempts: $2$ of $5$ used

Prepare a direct labor budget for Lily Company by month and for the first quarter of the year. The direct labor budget should include direct labor hours. $($Round Direct labor hours per unit answers to $1$ decimal place, e$.$g$.52\mathrm{.}7.)$

LILY COMPANY

Direct Labor Budget

For the Quarter Ending March $31,2025$

Jan

Feb

Mar

Total

$\sqrt[\phantom{2}]{2}$

$

$ $$

eTextbook and Media

Assistance Used

Attempts: $1$ of $5$ used

Cost Per Pound

Total Pounds Required for Production

Desired Ending Inventory

Direct Materials Per Unit

Total Hours Needed

Total Cost of Direct Materials Purchases

Direct Labor Hours per Unit

Total Direct Labor Cost

Production in Units

Beginning Materials Inventory

Direct Materials Purchases

Direct Labor Cost Per Hour

Total Materials Required

Il Hours Needed

al Pounds Reauired for Production

Company by month and for the first quarter of the year. The direct labor budget should rect labor hours per unit answers to $1$ decimal place, e$.$g$.52\mathrm{.}7.)$

LILY COMPANY

Direct Labor Budget

For the Quarter Ending March $31,2025$

$

$

$

$

Mar