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Jax Incorporated reports the following data for its only product. The company had no beginning...

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Accounting

Jax Incorporated reports the following data for its only product. The company had no beginning finished goods inventory and it uses absorption costing.
Snlex prike
binct intinisis
otinet intwis
Varintil cuertord
Flxad oweithen
& 57.60 per unit
(10.60 per unit
$7.58 per unt
t 12.60pla unt
i 1, dse, 000 piet yor
Compute gross profit sssuming (a)70,000 units are produced and 70,000 unts ore soid and (b)100,000 unts are produced and 70,000 units are sold.
2 Sy how much would the company's grose profit incresse or deciesse from producing 30,000 more units than it celk?
Complete this question by entering your answers in the tabs below.
mexurted 1
intuine 2
Compite gross protit assuming (a)70,000 unts are procuced ond 70,000 unite are sold and 1 w 100,000 unts are produced and 70,900 units are sad.
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