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

absorption costing.

Compute gross profit assuming $($a$)71,000$ units are produced and $71,000$ units are sold and $($b$)102,000$ units are produced and

$71,000$ units are sold.

By how much would the company's gross profit increase or decrease from producing $31,000$ more units than it sells?

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By how much would the company's gross profit increase or decrease from producing $31,000$ more units than it sells?