$=$

Bonita Industries had sales in 2021 of $5,684,800 and gross profit of $919,600. Management is considering two alternative budget plans to increase its gross profit in 2022. Plan A would increase the unit selling price from $8.00 to $8.40. Sales volume would decrease by 104,500 units from its 2021 level Plan B would decrease the unit selling price by $0.50. The marketing department expects that the sales volume would increase by 108,680 units. At the end of 2021, Bonita has 33,440 units of inventory on hand. If Plan A is accepted, the 2022 ending inventory should be 29,260 units. If Plan B is accepted, the ending inventory should be equal to 50,160 units. Each unit produced will cost $1.5 in direct labor, $1.3 indirect materials, and $1.2 in variable overhead. The fixed overhead for 2022 should be $1,584,220. (a) Prepare a sales budget for 2022 under each plan. (Round Unit selling price answers to 2 decimal places, e.g. 52.70) BONITA INDUSTRIES Sales Budget (b) eTextbook and Media Save for Later Plan A Plan B Prepare a production budget for 2022 under each plan. (C1) eTextbook and Media Save for Later BONITA INDUSTRIES Production Budget Attempts: 0 of 2 used Submit Answer Plan A Plan B Attempts: 0 of 2 used Submit Answer Compute the production cost per unit under each plan. (Round answers to 2 decimal places, eg. 1.25.) (d) Production cost per unit eTextbook and Media Save for Later Plan A Plan B Compute the gross profit under each plan. (Round answers to O decimal places, eg. 125.) Plan A Gross Profit $ Which plan should be accepted? should be accepted. eTextbook and Media Save for Later Plan B Attempts: 0 of 2 used Submit Answer Attempts: 0 of 2 used Submit Answer