Julia Industries produces cookware. The master budget called for production of 75,000 units this year. The budget at that level of production follows: 
Due to the popularity of cooking shows on television, Julia Industries now estimates sales will be 80,000 units. What is budgeted operating income at this level?
Definitions:
Project GLOBE's Findings
Represents the outcomes of the Global Leadership and Organizational Behavior Effectiveness research project, focusing on understanding how culture affects leadership and organizational practices worldwide.
Implicit Leadership Theory
A concept suggesting that people have inherent ideas and expectations about what constitutes effective leadership, influencing their perception of leadership behaviors.
Management
The process of dealing with or controlling things or people, including planning, organizing, directing, and controlling resources to achieve organizational goals.
Leadership
The act of guiding or influencing a group towards achieving its goals through direction, motivation, and fostering an environment of cooperation.
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