Question Completion Status: The Manufacturing Overhead Budget shows only the variable portion of manufacturing overhead. QUESTION 18 7 points Happiness Corporation has budgeted sales and production over the next quarter as follows: July August September Sales in units Production in units ..48,500 ..48,850 60,500... ? .60,800........... 65,150 The company has 5,700 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month October sales are expected to be 80,000 units. Budgeted sales for September would be in units): 63,500 72,500 71,200 73,150 QUESTION 19 1 points Sve Art When production exceeds sales for the period, absorption costing net operating income will exceed variable costing net operating income