1) Joseph Company has budgeted sales for the next three months as follows: Budgeted Sales in Units uly August September 7,105 units 6,820 units 8,345 units Past experience has shown that the ending inventory for each month should be equal to 40% of the next month's expected sales in units. The company is currently preparing a production budget Calculate the total number of units budgeted to be produced in July 2) Eote Company manufactures and sells a product called JYMP. Results from last year from the sale of JYMP appear below Sales revenue (8,000 JYMPs @ $120 each) $.968,000 Fixed costs: Eote Company is considering eliminating the JYMP product line. The company has determined that if the 3YMP product line is discontinued the contribution margin of its other products will increase by $120,000 Calculate the amount by which the company's net income will increase if the JYMP product line is dropped