Jax Incorporated reports the following data for its only product. The company had no beginning finished goods inventory and it uses absorption costing.

$\backslash$table$[[$Sales price,$$56\mathrm{.}70$ per unit$],[$Direct materials,$$9\mathrm{.}70$ per unit$],[$Direct labor,$$7\mathrm{.}20$ per unit$],[$Variable overhead,$$11\mathrm{.}70$ per unit$],[$Fixed overhead,$$944,700$ per year$]]$

Compute gross profit assuming $($a$)67,000$ units are produced and $67,000$ units are sold and $($b$)94,000$ units are produced and $67,000$ units are sold.

By how much would the company's gross profit increase or decrease from producing $27,000$ more units than it sells?

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Compute gross profit assuming $($a$)67,000$ units are produced and $67,000$ units are sold and $(b)94,000$ units are produced and $67,000$ units are sold.

$\backslash$table$[[$Sales$,\backslash$table$[[($a$)67,000$ Units$],[$Produced and $67,000],[$Units Sold$]],\backslash$table$[[($b$)94,000$ Units$],[$Produced and $67,000],[$Units Sold$]]],[$$$,3,798,900,$$$,3,798,900$