Pina Industries had sales in 2016 of $7.200.000 and gross profit of $1,149,000. Management is considering two warative budget plans to increase ito gross profin 2017 Plan A would increase the selling price per unit from $8.00 to $8.40. Sales volume would decrease by 10% from its 2016 level. Pan would decrease these priceperunt by 10.50. The marketing department weather the sales volume would increase by 112.000 units At the end of 2016. Pinhas 44.000 units of inventory on hand. Plan A la cated, the 2017 ending inventory the best of the 2017 sales and metal the ending story should be to 60.000 units. Each unit produced will cost $1.00 in direct labor $1.40 in direct materials and 51.26 in variable overhead. The fed overhead for 2017 houd bean000. Prepare a budget for 2017 under auch plan. (Round Unit selling price wars to 2 decimal places a 32.a) PINA INDUSTRIES Sales Budget Plan A Plan Expected unit sales Unit selling price $ Total sales Prepare a production budget for 2017 under each plan. PINA INDUSTRIES Production Budget Plan A Plan B Compute the production cost per unit under each plan. (Round answers to 2 decimal places, ... 1.25.) Plan A Plan B Production cost per unit 5 5 Compute the gross profit under each plan. Plan A Plan B Gross Profit Which plan should be accepted? should be accepted. Click if you would like to Show Work for this question: Open Show Work