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Accounting

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ax Incorporated reports the following data for its only product. The company had no beginning finished goods inventory and it uses bsorption costing. 1. Compute gross profit assuming (o) 78,000 units are produced and 78,000 units are sold ond (b)116,000 units are produced and 78,000 units are sold. 2. By how much would the company's gross profit increase or decrease from producing 38,000 more units than it sells? Complete this astion by entering your anowers is the tabs below. Jax Incorporated reports the following data for its only product. The company had no beginning finished goods inventory and it absorption costing. 1. Compute gross profit assuming (a) 78,000 units are produced and 78,000 units are sold and (b)116,000 units are produced and 78,000 units are sold. 2. By how much would the company's gross profit increase or decrease from producing 38,000 more units than it sells? Complete this question by entering your answers in the tabs below. By how inuch wauld the company's gross profit increase of decrease from producing 38,000 more units than it sells

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