Vaughn Industries had sales in $2021$ of $$8,368,000$ and gross profit of $$1,353,000.$ Management is considering two alternative budget plans to increase its gross profit in $2022.$Plan A would increase the unit selling price from $$8$ to $$8\mathrm{.}4.$ Sales volume would decrease by $154,000$ units from its $2021$ level. Plan B would decrease the unit selling price by $$1.$ The marketing department expects that the sales volume would increase by $160,000$ units.At the end of $2021,$ Vaughn has $49,000$ units of inventory on hand. If Plan A is accepted, the $2022$ ending inventory should be $43,000$ units. If Plan B is accepted, the ending inventory should be equal to $74,000$ units. Each unit produced will cost $$1\mathrm{.}50$ in direct labor, $$1\mathrm{.}30$ in direct materials, and $$1\mathrm{.}20$ in variable overhead. The fixed overhead for $2022$ should be $$2,126,400.$Prepare a sales budget for $2022$ under each plan. $($Round Unit selling price answers to $2$ decimal places, eg$.5270)$VAUGHN INDUSTRIESSales BudgetPlan APlan B$$$$Prepare a production budget for $2022$ under each plan.VAUGHN INDUSTRIESProduction BudgetPlan APlan BCompute the production cost per unit under each plan. $($Round answers to $2$ decimal places, e$.$g$.1\mathrm{.}25.)$Plan APlan BProduction cost per unit$$Compute the gross profit under each plan. $($Round answers to $0$ decimal places, e$.$g$,125.)$Plan APlan B$$8,648$Gross Profit$Which plan should be accepted?should be accepted.