Concord Industries had sales in 2024 of $5.657,600 and gross prot of $915.200. Management is considering two alternative budget plans to increase its gross prot in 2025. Plan A would increase the unit selling price from $8.00 to $8.40. Sales volume would decrease by 104.000 units from its 2024 level. Plan B would decrease the unit selling price by $0.5. The marketing department expects that the sales volume would increase by 108.160 units. At the end of 2024, Concord has 33,280 units of inventory on hand. If Plan A is accepted, the 2025 ending inventory should be 29.120 units. If Plan Bis accepted. the ending inventory should be equal to 49.920 units. Each unit produced will cost $1.50 in direct labor, $1.30 in direct materials, and $ 1.20 in variable overhead. The xed overhead for 2025 should be $1.57.40. Prepareasales budget for 2025 undereach plan. (Round Unit selling price answers to 2 decimal places, 9.3. 52.70.) CONCORD INDUSTRIES Sales Budget PlanA Plan B {D db 13'} #9 db 1:9 '69- Prepare a production budget for 2025 under each plan. CONCORD INDUSTRIES Production Budget Plan A Plan E 1b 1b 1b 1b 1b 1b 1b Compute the production cost per unit under each plan. [Round answers to 2 decimal places, 9.3. 1.25.} Plan A Plan B Production cost per unit $ $ Compute the gross prot under each plan. (Round answers to 0 decimal places, 8.3. 125.] Plan A Plan B Gross Prot $ $ Which plan should be accepted? A 7 should be accepted