Question 4 1 pts Ligon Enterprises has prepared a production budget for October. Management has determined that the total required production for October is 501 000 units when an ending inventory of 75 000 units is desired and the beginning inventory is 22 000 units. Based on the above information, what were October's budgeted sales? 448 000 units 505 000 units 535 000 units 465 000 units Question 6 1 pts Sellars Inc. manufactures widgets. At 30 June, the company had 2000 widgets in inventory. The company's policy is to maintain a widget ending inventory equal to 10 per cent of next month's sales. In addition, each widget manufactured requires 6 minutes of assembly and inspecting time at a cost of $.25 per minute. The company expects the following sales activity for the third quarter of the year: July 25 000 units August 45 000 units September 40 000 units What is the projected direct labour cost for August? O$55 800 O $61 500 $66 750 O $57 000 > Question 7 1 pts The difference between operating income on a flexible budget and actual operating income is called the: flexible budget variance. standard variance. sales price variance efficiency variance