Swifty Company is preparing its budgeted income statement for $2025.$ Relevant data pertaining to its sales, production, and direct materials budgets are as follows.Sales. Sales for the year are expected to total $1,080,000$ units. Quarterly sales are $18\%,25\%,23\%,$ and $34\%,$ respectively. The unit selling price is expected to be $$38$ for the first three quarters and $$47$ beginning in the fourth quarter. Sales in the first quarter of $2026$ are expected to be $10\%$ higher than the budgeted sales for the first quarter of $2025.$Production. Management desires to maintain the ending finished goods inventories at $25\%$ of the next quarter's budgeted sales volume.Direct materials. Each unit requires $2$ pounds of raw materials at a cost of $$12$ per pound. Management desires to maintain raw materials inventories at $10\%$ of the next quarter's production requirements. Assume the production requirements for first quarter of $2026$ are $486,000$ pounds.Swifty budgets $0\mathrm{.}2$ hours of direct labor per unit, labor costs at $$12$ per hour, and manufacturing overhead at $$18$ per direct labor hour. Its budgeted selling and administrative expenses for $2025$ are $$6,480,000.$