QUESTION 18 Below is budgeted production and sales information for Flushing Company for the month of December Product XXX Product ZZZ 32,000 units 34,000 units Estimated beginning inventory Desired ending inventory Region I, anticipated sales Region II, anticipated sales 20,000 units 17,000 units 260,000 units 140,000 units 320,000 units 180.000 units The unit selling price for product XXX is $5 and for product ZZZ is $15. Budgeted production for product ZZZ during the month is a. 417,000 units b. 403,000 units C. 397,000 units d. 380,000 units QUESTION 19 The process of developing budget estimates by requiring managers to estimate sales, production, and other operating data as though oper initiated for the first time is referred to as budgeting