Jax Incorporited reports the followthg data fot its only product. The company had no beginning finished goods inventoly and as uses absorption ecting 1. Compute gross profit assuming (i) 62,000 units are produced and 62.000 units are sold and (0) 84,000 units are produced and 62,000 units are sold 2. By tiow much woulid the company's gross profit increase of decrease from producing 22.000 moce units than it sels? Complete this question by entering your ancwers in the tatis below. and 02,000 cinits ore seld Jax incorporated reports the foliowng data fot its only product. The company had no begining finished goods inventory and it uses absorption costing. 1. Compute gross protit assumng () 62,000 units are produced and 62,000 units are sold and (6) 84,000 units are produced and 62,000 units are soid 2. By how mach would the compary's gross profit increase or decrease from producing 22,000 more wits than it sells? Complete this question by entering your answers in the talis below