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Concord induntries had sales in 2024 of $7,956,000 and goss profit of $1,287,000. Management is considerine fwo ziternative budget plans to increase its pross prone
Concord induntries had sales in 2024 of $7,956,000 and goss profit of \$1,287,000. Management is considerine fwo ziternative budget plans to increase its pross prone la 2025 Plan A would increase the unit seling price from $8.00 to $8.40. 5 ales wolume would decrease by 146.250 units from its 2024 level. Pim B would decrease the unit sebing price by 5050 . The muristine department expects that the saies volume would increase by 152.100 units At the end of 2024. Concord has 46.800 units of inventory on hand. if Plan A is accepted, the 2025 endire inventory should be 40.950 units If Plan B is accepsed, the ending inventory should be equal to 70,200 units. Each unit produced Gould be 12.190 .240 Preparea sales budget for 2025 under each plan (Round Unit seilins price enswers to 2 decimal ploces, c.8. 5270 ) Prepse a proourtion budect for 2025 under rach plan Frepere a posuction butent for 2025 inder eas dan. elomock ard Medin
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