3. Budgeted sales for the first six months for Meixner Corp. are listed below: APRIL 7,000 JANUARY 6,000 FEBRUARY 7,000 MARCH 8,000 MAY 5,000 JUNE 4,000 UNITS: Meixner Corp. has a policy of maintaining an inventory of finished goods equal to 40 percent of the next month's budgeted sales. If Meixner Corp. plans to produce 6,000 units in June, what are budgeted sales for July? a. 3,600 units 1,000 units c. 9,000 units d. 8,000 units 4. Peck Co. manufactures card tables. The company has a policy of maintaining a finished goods inventory equal to 40 percent of the next month's planned sales. Each card table requires 3 hours of labor. The budgeted labor rate for the coming year is $13 per hour. Planned sales for the months of April, May, and June are respectively 4,000; 5,000; and 3,000 units. The budgeted direct labor cost for June for Peck Co. is $136,500. What are budgeted sales for July for Peck Co.? a. 3,500 units b. 4,250 units c. 4,000 units d. 3.750 units