Compute the production cost per unit under each plan. (Round answers to 2 decimal places, es. 1.25) Cullumber Industries had sales in 2021 of $7,200,000 and gross profit of $1,166,000 Management is considering two aiternative budget plans to increase its gross profit in 2022 Plan A would increase the selling price per unit from $8.00 to $8.40. Sales volume would decrease by 132,500 units fram its 2021 level. Plan B would decrease the selling price per unit by $050. The marketing department expects that the sales volume would increase by 137,800 units: At the end of 2021, Cullumber has 45,000 units of inventory on hand. If Plan A is accepted, the 2022 ending inventory should be 41,000 onits If Plan B is accepted, the ending inventory should be equal to 74,000 units. Each unit produced wil cost $1.50 in direct labor, $1:30 in direct materials, and $1.20 in variable overhead. The fixed overhead for 2022 should be $2,010,000. Compute the gross profit under each plan. Which plan should be accepted? Compute the production cost per unit under each plan. (Round answers to 2 decimal places, es. 1.25) Cullumber Industries had sales in 2021 of $7,200,000 and gross profit of $1,166,000 Management is considering two aiternative budget plans to increase its gross profit in 2022 Plan A would increase the selling price per unit from $8.00 to $8.40. Sales volume would decrease by 132,500 units fram its 2021 level. Plan B would decrease the selling price per unit by $050. The marketing department expects that the sales volume would increase by 137,800 units: At the end of 2021, Cullumber has 45,000 units of inventory on hand. If Plan A is accepted, the 2022 ending inventory should be 41,000 onits If Plan B is accepted, the ending inventory should be equal to 74,000 units. Each unit produced wil cost $1.50 in direct labor, $1:30 in direct materials, and $1.20 in variable overhead. The fixed overhead for 2022 should be $2,010,000. Compute the gross profit under each plan. Which plan should be accepted