Question 9: (1 point) At the beginning of the year, Smith Inc. budgeted the following: Units Sales 8,000 $100,000 Minus Total variable expenses Total fixed expenses Net income 60.000 20,000 $20,000 Factory Overhead Variable Fixed $30,000 10,000 There were no beginning inventories. At the end of the year, no work was in process, total actual factory overhead incurred was $37,500, and over-applied factory overhead was $1,500. Factory overhead was applied on the basis of budgeted unit production. How many units were produced this year? o OOO 7,200 8,000 7,800 7,500