Jax Incorporated reports the following data for its only product. The company had no beginning finished goods inventory and it uses absorption costing Sales price Direct materials Direct labor Variable overhead Fixed overhead 57.60 per unit 10.60 per unit 8.10 per unit 12.60 per unit 1,276,800 per year 1. Compute gross profit assuming (a) 76,000 units are produced and 76,000 units are sold and () 112,000 units are produced and 76,000 units are sold 2. By how much would the company's gross profit increase or decrease from producing 36,000 more units than it sells