Jacquie Inc. reports the following annual cost data for its single product.

Normal production and sales level		67,000	units
Sales price	$	56.70	per unit
Direct materials	$	9.70	per unit
Direct labor	$	7.20	per unit
Variable overhead	$	11.70	per unit
Fixed overhead	$	944,700	in total

Complete the below table using absorption costing.

Production volume Cost of goods sold 67,000 units 94,000 units Cost of goods sold per unit Total cost of goods sold Jacquie Inc. Income statement through gross margin Sales volume 67,000 units 67,000 units If Jacquie increases its production to 94,000 units, while sales remain at the current 67,000 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. Number of units sold Change in fixed overhead cost per unit Change in cost of goods sold