puter.cx gnments/625282 Assignments > Chapter 22 HOMEWORK 3 Upd MEWORK Points 12 Submitting an external tool Attempts 0 Allowed Attempts 1 Available until Apr 25 at 11pm S Help System Announcements CALCULATOR PRETER VERSION RACK NEXT Problem 22-03A ab, ci, d Hill Industries had sales in 2019 of 87,200,000 and gross profit of $1,158,000. Management is considering two alternative budget plans to increase its gross profit in 2020 plan A would increase the selling price per unit from $8.00 to $8.40 Sales volume would decrease by 10% from its 2010 level. Plan B would decrease the neling price per und by $0.50. The marketing department expects that the sales volume would increase by 111,000 units At the end of 2019, Hill has 40,000 units of inventory on hand. If Plan A is accepted, the 2020 ending inventory should be equal to 5% of the 2020 sales of Man in accepted, the ending inventory should be equal to 68,000 units. Each unit produced will cost $1.80 in direct labor $1.00 in direct materials, and 1.20 in variatie overhead. The fed overhead for 2020 should be $1,507,530. Prepare a sales budget for 2020 under each plan (Round Unit selling price answers to 2 decimal pacm, 6.4.52.20.) HILL INDUSTRIES Sales Budget Plan A Plan B US Kepensystem Announcements ES HILL INDUSTRIES Production Budget Plan A Plan B ady Compute the production cost per unit under each plan. (Round answers to 2 decimal places, e Plan A Plan B Production cost per unit Compute the gross profit under each plan Plan A Plan B Gross Profit s $ Which plan should be accepted? should be accepted Bee