1. If the company uses absorption costing, compute gross profit assuming (a) 14,000 units are produced and 14,000 units are sold and (b) 17,500 units are produced and 14,000 unts are sold. 2. If the company uses variable costing, how much would contribution margin differ if the company produced 17,500 units instead of producing 14,000? Assume the company sells 14,000 units. Hint: Calculations are not required. Complete this question by entering your answers in the tabs below. If the company uses absorption costing, compute gross profit assuming (a) 14,000 units are produced and 14,000 units are sold and (b) 17,500 units are produced and 14,000 units are sold. 1. If the company uses absorption costing. compute gross profit assuming (a) 14,000 units are produced and 14,000 units are sold an (b) 17,500 units are produced and 14,000 units are sold 2 If the company uses variable costing, how much would contribution margin differ if the company produced 17,500 units instead of producing 14,000? Assume the company sells 14,000 units. Hint: Calculations are not required. Complete this question by entering your answers in the tabs below. If the company uses variable costing, how much would contribution margin differ if the company produced 17,500 units instead of producing 14,000? Assume the company sells 14,000 units. Hint: Calculations are not required. 1. If the company uses absorption costing, compute gross profit assuming (a) 14,000 units are produced and 14,000 units are sold and (b) 17,500 units are produced and 14,000 unts are sold. 2. If the company uses variable costing, how much would contribution margin differ if the company produced 17,500 units instead of producing 14,000? Assume the company sells 14,000 units. Hint: Calculations are not required. Complete this question by entering your answers in the tabs below. If the company uses absorption costing, compute gross profit assuming (a) 14,000 units are produced and 14,000 units are sold and (b) 17,500 units are produced and 14,000 units are sold. 1. If the company uses absorption costing. compute gross profit assuming (a) 14,000 units are produced and 14,000 units are sold an (b) 17,500 units are produced and 14,000 units are sold 2 If the company uses variable costing, how much would contribution margin differ if the company produced 17,500 units instead of producing 14,000? Assume the company sells 14,000 units. Hint: Calculations are not required. Complete this question by entering your answers in the tabs below. If the company uses variable costing, how much would contribution margin differ if the company produced 17,500 units instead of producing 14,000? Assume the company sells 14,000 units. Hint: Calculations are not required