Problem 13-3 (Part Level Submission) Martine Industries had sales in 2016 of 87,120,000 and gross profit of $1,121,000. Management is considering two alternative budget plans to increase its gross profit in 2017. Plan A would increase the weling price per unit from $8.00 to $9.40. Sales volume would decrease by 10% from its 2016 level. Plan B would decrease the seling price per unit by $0.50. The marketing department expects that the sales volume would increase by 120,000 units. At the end of 2016, Martinez has 48.000 units of inventory on hand. IF Plan A is accepted, the 2017 ending inventory should be equal to 5% of the 2017 sales. If Plants accepted, the ending Inventory should be equal to 61,000 units. Each unt produced will cost $1.80 in direct labor, 5140 in direct materials, and $1.20 in variable overhead. The fixed overhead for 2017 should be (a) Prepare a sales budget for 2017 under ench plan (Round Unit seliling price answers to 2 decimal places, c.9. 52.70.) MARTINEZ INDUSTRIES Sales Budget Plan A Plan B Expected unit sales Unit selling price Total sales