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Blue Skies Inc. is a retail gardening company that is piloting a new strategic initiative aimed at increasing gross profit. Currently, the company's gross profit is $21\%$ of sales, and its target gross profit percentage is $26\%.$ The company's current monthly sales revenue is $$540,000.$

The new initiative being piloted is to produce goods in$-$house instead of buying them from wholesale suppliers. Its in$-$house production process has two procedures. The makeup of the costs of production for Procedure $1$ is $40\%$ direct labor, $45\%$ direct materials, and $15\%$ overhead. The makeup of the costs of production for Procedure $2$ is $60\%$ direct labor, $30\%$ direct materials, and $10\%$ overhead. Assume that Procedure $1$ costs twice as much as Procedure $2.$

Determine what the cost of labor, materials, and overhead for both Procedures $1$ and $2$ would need to be for the company to meet its target gross profit.

Cost makeup of Procedure $1$:

Cost makeup of Procedure $2$:

$\backslash$table$[[$Direct Labor,$$,x$

Blue Skies Inc. is a retail gardening company that is piloting a new strategic initiative aimed at increasing gross profit. Currently, the company's gross profit is $21\%$ of sales, and its target gross profit percentage is $26\%.$ The company's current monthly sales revenue is $$540,000.$

The new initiative being piloted is to produce goods in$-$house instead of buying them from wholesale suppliers. Its in$-$house production process has two procedures. The makeup of the costs of production for Procedure $1$ is $40\%$ direct labor, $45\%$ direct materials, and $15\%$ overhead. The makeup of the costs of production for Procedure $2$ is $60\%$ direct labor, $30\%$ direct materials, and $10\%$ overhead. Assume that Procedure $1$ costs twice as much as Procedure $2.$

Determine what the cost of labor, materials, and overhead for both Procedures $1$ and $2$ would need to be for the company to meet its target gross profit.

Cost makeup of Procedure $1$:

Cost makeup of Procedure $2$:

$\backslash$table$[[$Direct Labor,$$,x$

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