Assume a manufacturing company provides the following information from its master budget for the month of May: Unit sales Selling price per unit Direct materials cost per unit Direct labor cost per unit Direct labor wage rate per hour Predetermined overheard rate per direct labor-hour ta ta ta ta ta 5,000 40 12 10 20 16 If the company maintains no beginning or ending inventories, what is the budgeted gross margin for May? Multiple Choice 0 $10,000 Multiple Choice $10,000 $20,000 $30,000 $50,000