3 Sherman, Inc. manufactures chainsaws that sell for $85. Each chainsaw uses $16 in direct materials and $5 in direct labor per unt. Sherman has two activities Machining, which is applied at the rate of $6 per machine hour, and Finishing, which is applied at the rate of $22 per batch This month. Sherman made 250 chainsaws, using 1.300 machine hours in 52 batches. What is the gross profit for one chainsaw? (Do not round intermediate calculation) Multiple Choice $7740 $2960 $2100 $55 40