Question 1 1 pts A manager of the jewelry department of a Kohls department store would most likely create a budget with budgetary slack by Over-estimating revenues and under-estimating costs. Over-estimating revenues and over-estimating costs. Under-estimating revenues and under-estimating costs. Under-estimating revenues and over-estimating costs. Question 2 1 pts Paula Company's sales for 2018 were 100,000 units. Sales volume for 2019 is expected to be 20% higher than that of 2018. Quarterly sales are 15%, 25%, 40%, and 20% of the annual total. The company always keeps 10% of the next quarter's sales as ending inventory. The sales price is expected to be $15 per unit for the first three quarters of 2019 and 4% higher for the last quarter. What is the sales budget for the first quarter of 2019? $288,000 $270,000 $279,000 $225,000 Question 3 1 pts Budgeted sales data includes the following Month Sales in units January 1.900 February 2,200 March 2,000 Assuming that the company always keeps 10% of the next month's sales as ending inventory, how many units will be budgeted for production in February? 2,200 2.210 2,180 2,220