[Solved] Below is budgeted production and sales information for Flushing Company for the month of December: The unit selling price for product XXX is $5 and for product ZZZ is $15. Budgeted sales for the month are: A) $3,180,000 B) $5,820,000 C) $1,800,000 D) $8,500,000 Void Ab Initio: Describes a contract or agreement that is considered null from its inception, meaning it never had legal validity. Insurable Interest: A stake in the value of an entity or event for which an insurance policy may be obtained to cover losses. Insurance Contract: A legally binding agreement between an insurer and an insured, where the insurer promises to pay benefits for specific potential future losses in exchange for premiums paid by the insured. Risk Assessment: The identification, evaluation, and prioritization of risks followed by coordinated efforts to minimize or control their impact.