Hill Industries had sales in 2021 of $6,800,000 and gross profit of $1,100,000. Management is considering two alternative budget plans to increase its gross probt in 2022. Plan A would increase the unit selling price from 58 to $8,4,5 les volume would decrease by 125,000 units from its 2021 level. Plan B would decrease the unit selling orice by $0.5. The marketing department expects that the sales volume would increase by 130000 units At theend of 2021 . Hithas 40,000 units of imentory on hand, H Plan A is accepted, the 2022 ending inventory should be 35,000 units. If Pian it is accepted, the ending inventory should be equal to 60,000 units, Each unit produced will cost $1.50 in direct labor. $1.30 in direct materisis, and $1.20 in variable overhead The fixed overhead for 2022 shoudd be $1,895,000 (3) Prepare a vales budgetfor 2022 under each plan, (Round Unit selling price anwers to 2 decimal ploces es. 52.70 ) Prepare a production budget for 2022 under each plan. Compute the production cost per unit under each plan. (Round answers to 2 decimal ploces, e.8. 1.25.)