Hill Industries had sales in 2016 of profit in 2017. 7,520,000 and gross profit of $ 1,115,000. Management is considering two alternative budget plans to increase its gross Plan A would increase the selling price per unit from $ 8.00 to $ 8.40 . Sales volume would decrease by 10% from its 2016 level. Plan B would decrease the selling price per unit by $0.50. The marketing department expects that the sales volume would increase by 106,000 units. At the end of 2016, Hill has 48,000 units of inventory on hand. If Plan A is accepted, the 2017 ending inventory should be equal to 5% of the 2017 sales. If Plan B is accepted, the ending inventory should be equal to 60,000 units. Each unit produced will cost $ 1.80 in direct abor $ 14 in direct materials, and 5-20 variable overhead. The fixed overhead for 2017 should be $ 1,658,000 Your answer is partially correct. Try again. Compute the gross profit under each plan. Plan A Plan B Gross Profit