Osprey Cycles, Inc. projected sales of 68,216 bicycles for the year. The estimated January 1 inventory is 3,806 units, and the desired December 31 inventory is 6,759 units. What is the budgeted production (in units) for the year? units Integrated set of operating and financial budgets for a period of time Flexible budget Estimates the number of units to be manufactured to meet budgeted sales and desired inventory levels Sales budget Shows expected results at several activity levels Static budget Shows expected results at only one activity level Master budget Begins by estimating the quantity of sales Production budget