If the Company expects to sell 240,000 units in 2020, desires ending inventory of 34,000 units, and has 32,000 units on hand as of the beginning of the year, the budgeted volume of production for 2020 is 242.000 units. True False Question 10 1 pts A series of static budgets for different levels of activity is called a flexible budget. True False 1 pts Question 11 The sales budget is dependent and directly derived from the production budget. True False