Jacquie Inc. reports the following annual cost data for its single product. Normal production and sales level Sales price Direct materials Direct labor Variable overhead Fixed overhead 60,000 units $ 56.00 per unit $ 9.00 per unit $ 6.50 per unit $ 11.00 per unit $720,000 in total Complete the below table using absorption costing. (Round cost per unit answers to 2 decimal places. Production volume Cost of goods sold: Direct materials per unit Direct labor per unit Variable overhead per unit Fixed overhead per unit 60,000 units 80,000 units 9.00 $ 9.00 6.50 6.50 11.00 11.00 12.00 9.00 38.50 $ 35.50 Cost of goods sold per unit Number of units sold Total cost of goods sold Jacquie Inc. 6.50 6.50 11.00 [Direct labor per unit Variable overhead per unit Fixed overhead per unit 11.00 9.00 12.00 $ 38.50 $ 35.50 Cost of goods sold per unit Number of units sold Total cost of goods sold Jacquie Inc. Income statement through gross margin Sales volume 60,000 units 60,000 units Sales $ 3,360,000 $ 3,360,000 Gross margin 3,360,000 3,360,000 If Jacquie increases its production to 80,000 units, while sales remain at the current 60,000- unit level, by how much would the company's gross margin increase or decrease under absorption costing? Assume the company has idle capacity to double current production. Gross margin increases by: Number of units sold Change in fixed overhead cost per unit Change in cost of goods sold