5. Hardy, Inc., has budgeted sales in units for the next five months as follows June uly6,300 units August September.3,600 units October 8.200 units 4,700 units 2,600 units Past experience of the next month's sales in units. The tn ny needs to prepare a production budget for the next five months. t ventory on May 31 contained 1,640 units. The compa- The total number of units produced in July should be A. 7,240 units B. 6,620 units C. 6,300 units D. 5,980 units (5 points) 6. Julia Industries produces cookware. The master budget called for production of 75,000 units this year. The budget at that level of production follows: Sales Direct materials Direct labor Variable factory overhead Fixed factory overhead Fixed selling and administrative expense Operating income $1.200,000 300,000 150,000 225,000 262,500 112,500 S 150.000 Due to the popularity of cooking shows on television, JuliaIndustries now estimates sales wil be 80,000 units. What is budgeted operating income at this le vel? $185,000 b. $160,000 c. $230,000 d. $167,500 Answer (5 points)