Question: /10 View Polides Current Attempt in Progress Cullumber Industries had sales in 2021 of 57.208.000 and gross profit of $1.166,000. Management is considering two alternative




/10 View Polides Current Attempt in Progress Cullumber Industries had sales in 2021 of 57.208.000 and gross profit of $1.166,000. Management is considering two alternative budget plans to increase its gross proftin 2022 Plan Awould increase the selling price per unit from $8.00 to $8.40. Sales volume would decrease by 132,500 units from its 2021 level. Plan B would decrease the selling price per unit by $0.50. The markating department expects that the sales volume would increasby 132.800 units Arne end of 2021. Cullumber has 45,000 units of inventory on hand. If Plan A is accepted the 2022 ending inventory should be 1000 und Plan B is accepted the ending inventory should be equal to 74.000 units. Each unit produced will cost 51.50 in direct acor, 3130 is direct materials, and $1.20 in variable overhead. The fixed overhead for 2022 should be 52610.000 PORTER Sale bude 2022 under de plant Round in 2 decimal places. 52.70 CULLUMBER INDUSTRIES Sales Budget (a) Prepare a sales budget for 2022 under each plan (Round Unit selling price answers to 2 decimal places, s 52.701) CULLUMBER INDUSTRIES Sales Budget Plan A Plan B $ $ Director Cecte BUNS Production Totaal Dries Attempts: 0 of 5used Sub th) Prepare a production budget for 2022 under each plan CULLUMBER INDUSTRIES Production Budget Plan A Plan B e Textbook and Media Attempts:0 of Sused Submit Answer Safor Later Attempts: 0 of 5 used Submit Answer (c) Compute the production cost per unit under each plan. (Round answers to 2 decimal places es 1251 Plan A Plan B Production cost per unit 5 $ e Textbook and Media Attempts of 5used Submit Antwer Sator Attempts. Oor used Sunwer Compute the gross profit under each plan Plan A Plan Gross Pront 5 $ Which plan should be accepted? 10 should be see eTextbook and Media Attempts of used in search o O RE Raininnu
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