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Saved Jacquie Inc. reports the following annual cost data for its single product Normal production and sales level Sales price Direct materials Direct labor Variable

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Saved Jacquie Inc. reports the following annual cost data for its single product Normal production and sales level Sales price Direct materials Direct labor Variable overhead Fixed overhead 70,000 units $ 5700 per unit $ 10.00 per unit $ 750 per unit $ 12.00 per unit $1,050,000 in total Complete the below table using absorption costing. (Round cost per unit answers to 2 decimal place.) Production volume Cost of goods sold: 70000 units 100000 units Cost of goods sold per unit Number of units sold Total cost of goods sold Jacquie Inc. Income statement through gross margin Sales volume 70000 units 70000 units If Jacquie increases its production to 100000 units, while sales remain at the rent 70000 unit level, by how much would the company's gross margin increase or decrease under absorption costing? Assume the company has idle

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